The following standard costing data, per unit, are for Black Ltd. for January Direct materials Direct labour Variable overhead Fixed overhead Se kilograms at $4.0 per kilogra 7 hours at $150 per hour 7 hours at $5.0 per boun 549 For January, Black's flexible budget volume of output was 750 units. Budgeted (planned) output was 780 units Direct materials purchased and used were 36,000 kilograms at a total cost of $147,600. Direct labour used was 5,880 hours at $14.2 per hour Variable overhead cost was $25.950. Actual fixed overhead cost was $39.000. Fixed overhead cost is applied using direct labour-hours. The normal volume is the same as the planned volume for January Required: 1. Prepare the static and flexible budgets and show the variances by completing the table given below. (Round "Direct materials price" and "Direct labour rate" answers to 2 decimal places.) Direct materials price Direct materials quantity Direct labour rate Direct labour efficiency Variable overhead spending (rate) Variable overhead fency Fed overhead Actual cost AR per DLH SA per DLH hours per DLH AQ 10 9 So nours hours units hours hours Panned units hours inta volume