Help Save & Exit Submit Check my work Problem 15-21A (Algo) Determining and interpreting flexible budget variances LO 15-5 Fanning Publications established the following standard price and costs for a hardcover picture book that the company produces Standard price and variable costs Sales price Materials cost Labor cost Overhead cost oces Planned fixed costs Manufacturing overhead Selling, general, and administrative costs Selling, general deinistrative $ 36.90 8.50 4.10 5.00 7.10 $130,000 53,000 Assume that Fanning actually produced and sold 27.000 books. The actual sales price and costs incurred follow Actual price and variable costs Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative costs Actual fixed costs $35.00 8,70 4.00 5.85