Unit 2 Question 1 (Total: 33 marks) Table Top produces ping pong tables and has determined the following direct cost categories and budgeted amounts: Category Standard Inputs for 1 output Standard Cast per input Direct Materials 1.00 57.50 Direct Labour 0.30 9.00 Direct Marketing 0.50 3.00 Actual performance for the company is shown below: Actual output: (in units) 4,000 Direct Materials: Materials costs 530,225 Input purchased and used 3,900 Actual price per input $7.75 Direct Manufacturing Labour. Labour costs $11.470 Labour-hours of input 1.240 Actual price per hour $9.29 Direct Marketing Labour Labour costs 55.880 Labour-hours of input 2.100 Actual price per hour $2.80 Required: a. What is the combined total of the flexible-budget variances? b. What is the rate variance of the direct materials? c. What is the rate variance of the direct manufacturing labour and the direct marketing labour, respectively? d. What is the efficiency variance for direct materials? c. What are the efficiency variances for direct manufacturing labour and direct marketing labour, respectively