Which one of the following statements best describes how the Level 2 flexible budget amount for direct labour is calculated? A. The actual quantity of labour hours used is multiplied by the standard price of one hour of labour. B. The standard quantity of labour hours used is multiplied by the actual price of one hour of labour. C. The standard quantity of labour hours used is multiplied by the standard price of one hour of labour. D. The actual quantity of labour hours used is multiplied by the actual price of one hour of labour