The following budgeted and actual volume and cost data are for January of this year: (12 points) Budget Actual Volume 40,000 36,000 Budgeted manufacturing costs: Variable costs per unit: Direct materials $30.00 Direct labor 15.00 Overhead 5.00 Total fixed overhead costs $400,000 Actual manufacturing costs: Direct materials $1,160,000 Direct labor 580,000 Variable overhead 180,000 Fixed overhead 396,000 Prepare a static (40,000) budget analysis of production costs for January of this year. Prepare a flexible (36,000) budget analysis of production costs for January of this year