Problem $8-21$A $($Algo$)$ Determining and interpreting flexible budget variances LO $8-4$

Benson Publications established the following standard price and costs for a hardcover picture book that the company produces.

$\backslash$table$[[$Standard price and variable costs,$],[$Sales price,$36\mathrm{.}20],[$Materials cost$,8\mathrm{.}80],[$Labor cost$,4\mathrm{.}00],[$Overhead cost$,6\mathrm{.}30],[$Selling$,$ general, and administrative costs,$6\mathrm{.}50],[$Planned fixed costs,$$134,000$