Prime cost variance analysis The following production standards have been established by Plastine Corporation for the manufacture of its two newly developed sheet plastics:

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Resource Polymers Inert fillers Catalyst Blending labor Curing labor Rigid PR17 Quantity Flexible PF19 Quantity Cost per sq. m. per sq. m. $ .90/kg 2 kg 4 kg .40/kg 4 kg 8 kg .20/g 10 g 4 g 10.00/hr. .1 hr. .2 hr. 8.00/hr. .1 hr. .1 hr. February production consisted of 7,200 square meters of rigid plastic PR17 and 3,000 square meters of flexible plastic PF19. The following costs were incurred in production: Resource Polymers Inert filler Catalyst Blending labor Curing labor Rigid PR17 Flexible PF19 Cost Quantity Quantity $24,288 14,100 kg 12,300 kg 20,592 29,000 kg 23,800 kg 16,095 75,000 g 12,000 g 14,637 710 hrs. 725 hrs. 7,347 600 hrs. 330 hrs. REQUIRED From the information provided above, develop and present in good form the following calcula- tions and reports for February: