Your business sells fancy mirrors to customers over the internet. You manufacture the mirrors and sell them direct to the public. You've been provided with the following information about the business Direct material $15.00 Direct labour $10.00 Variable overhead $2.50 Fixed overhead $85,000.00 Budgeted sales (units). 12,000 units Actual number of units sold 14,200 units Complete the variance analysis for this business To enter each amount in the table, please enter just the number in whole dollars (no cents). No commas or dollar signs or spaces after the number. Negative variances should have a minus before the number. This is an auto-marked question and your answers must be just the number. Where you are asked for the variance - please enter only F or U in the response box. Static Flexible budget Flexible budget Actual Favourable or unfavourable budget variance Total sales 960,000 1,065,000 Less COGS Direct 180,000 255,600 materials Direct 120,000 113,600 Variable 30,000 49,700 OH Fixed OH 85,000 95,000 GROSS 545,000 551,100 PROFIT Variable 30,000 42,600 S&A Fixed S&A 25,000 24,000 NET 490,000 484,500 PROFIT You've also been provided with the following information: It was difficult to find employees and they did take longer to train and get used to the production process and there was more wastage in the production process. Factory rent increased by $400. The business received a discount on local newspaper advertising. labour