Data table Requirement 1. Prepare a flexible budget based on the actual number of recliners sold. (Round budget amounts per unit to the nearest cent.) \begin{tabular}{l} Rouse Recliners \\ Flexible Budget \\ \hline Actual Units (Recliners) \\ \hline Sales Revenue \\ Variable Manufacturing Costs: \\ Direct Materials \\ Direct Labor \\ Variable Overhead \\ Fixed Manufacturing Costs: \\ Fixed Overhead \\ Total Cost of Goods Sold \\ Gross Profit \end{tabular} overhead volume variances. Round to the nearest dollar. Abbreviations used: AC= actual cost; AQ= actual quantity; FOH = fixed overhead; SC= standard cost; SQ= standard quantity.) whole dollar. Abbreviations used: AC= actual cost; AQ= actual quantity; FOH= fixed overhead; SC= standard cost; SQ= standard quantity.) answers to the nearest whole dollar. Abbreviations used: AC= actual cost; AQ= actual quantity; FOH= fixed overhead; SC= standard cost; SQ= standard quantity; VOH= variable overhead. ) he nearest whole dollar. Abbreviations used: AC= actual cost; AQ= actual quantity; FOH= fixed overhead; SC= standard cost; SQ= standard quantity.) iequirement 3. Have Rouse's managers done a good job or a poor job controlling materials, labor, and overhead costs? Why? direct labor cost variance and direct materials efficiency variance. Managers have done a job controlling overhead costs as evidenced by the fact that of the overhead variances are lequirement 4. Describe how Rouse's managers can benefit from the standard costing system. itandard costing helps managers do the following