WORDS POWERED BY TINY QUESTION 7 5 points The actual variable costs are $26000 and the actual units produced total 300 and the actual direct labour hours total 600. If the budgeted hour per unit are 3 and the budgeted variable cost allocation rate is $25 and the budgeted units to be produced are 225. What is the rate Variance, Efficiency Variance and Flexible Budget variance is the allocate variable costs based on direct labour hours. Be sure to indicate whether the variances are favourable or unfavourable. For the toolbar, press ALT+F10 (PC) or ALT+D(M) BISP Arial 10p QUESTION Briefly describe what a Static Budget is and briefly discuss what a Flexible Budget is. for these press ACT-10 POA All A whe words POWERED BY TINY 4 points