You have the following information to perform your analysis:

Standard inputs Standard costfor one unit of output for one unit of input

Direct materials 10.00 kg $32/kg

Direct labour 8.00 hours $42/hour

Actual performance for the company is shown below:

Actual output (in units): 1,371

Direct materials:

Purchased and used 13,750 kg

Actual price per input $39.40/kg

Direct labour:

Labour hours of input 11,500 hours

Actual price per hour $43.10/hour

could you please advise on how to calculate the flexible budget, rate, and efficiency variances for the direct materials and direct labour, and also how do I evaluate the results.