4 marks A company set a budget for a period it budgeted to produce and sale 12,000 units of the product X. The standard labor hours needed to produce one unit is 2.1 hours the standard labor hour rate is 10$ per hour. The actual produetion was 10,000 units and The workers spent 2,200 hours with actual rate of 9.5$ per hour. Required 1-Calculate price and efficacy variance for the direct labor costs (3marks) 2-Calculate the flexible budget variance for the direct labor cost ( 1 mark)