C Next, complete the analysis below to show the direct labor variances. Label each variance as favorable or unfavorable. B hap Flexible Budget Actual Cost Flexible Budget Based on Standard Incurred: Based on Actual Inputs Allowed for Actual Actual Inputs x Inputs x Standard Outputs Achieved Actual Prices Prices x Standard Prices Direct labor Price variance Quantity variance Flexible budget variance Choose from any list or enter any number in the input fields, then click Check Answer. 1 part remaining Clear All t system. The month's data regarding its iron castings follow: FI i Data Table $ now the Materials purchased and used, 3,300 pounds Direct-labor costs incurred, 5,500 hours, $42,350 Variable-overhead costs incurred, $4,620 Finished units produced, 1,000 Actual materials cost, $0.97 per pound Standard variable-overhead rate, $0.80 per direct labor hour Standard direct-labor cost, $8 per hour Standard materials cost, $1 per pound Standard pounds of material in a finished unit, 3 Standard direct-labor hours per finished unit, 5 Price variar Print Done F any number in the input fields, then click Check Answer Clear All 28 D ? MacBook Air