Before computing the variances complete the tables below. Begin by completing the table for direct materials. Actual Input Qty. Actual Costs Incurred Budgeted Price Purchases Usage Flexible Budget Direct materials Input Cost per Output Unit 10.00 2 lbs. at $5 per 1b. 7 hrs. at $13 per hr 91.00 Direct materials Direct manufacturing labor Manufacturing overhead: Variable $6 per DLH 42.00 Fixed $9 per DLH 63.00 206.00 Standard manufacturing cost per output unit Print Done The denominator level for total manufacturing overhead per month in 2014 is 40,000 direct manufacturing labor-hours. Bilodeau's flexible budget for January 2014 was based on this denominator level. The records for January indicated the following Direct materials purchased Direct materials used Direct manufacturing labor Total actual manufacturing overhead (variable and fixed) Actual production 17,200 lb. at $5.30 per lb. 14,700 lb 51,700 hrs. at $12.25 per hr. $500,000 7,600 output units