The master budget at Western Company last period called for sales of 240.000 units at $10.00 each. The costs were estimated to be $4.00 variable per unit and $270.000 fred. During the period actual production and actual sales were 245,000 units. The selling price was $10.10 per unit Variable costs were $4.75 per unit. Actual fixed costs were $270.000 Required: Prepare a fexible budget for Western WESTERN COMPANY Flexible Budget The standard direct labor cost per unit for a company was $27 ($18 per hour worked, and 5,800 units were produced 15 hours per unit). During the period, actual direct labor costs amounted to 5178,700, 9.800 labor-hours were Required: Compute the direct labor price and efficiency variances for the period. Indicate the effect of each variance by selecting "F" for favorable, or "Ufor unfavorable. If there is no effect, do not select other option.) Price variance Edency variance