6. please answer all parts. please read the questionumbers carefully! similar questions may already be posted to Chegg but they have slightly different numbers. i will give upvote/thumbs up for correct answer! thank you for your help!

\begin{tabular}{|c|c|} \hline \begin{tabular}{l} Loreto Statuary manufactures \\ bust statues of famous historical \\ figures. All statues are the same \\ size. Each unit requires the same \\ amount of resources. The \\ following information is from the \\ static budget for 2017 : \\ (Click the icon to view the \\ static budget data.) \end{tabular} & \begin{tabular}{l} Standard quantities, \\ standard prices, and \\ standard unit costs follow \\ for direct materials and \\ direct \\ manufacturing labor: \\ (Click the icon to view \\ the data.) \\ Read the requirements. \end{tabular} \\ \hline \end{tabular} \begin{tabular}{|lrr|} \hline Expected production and sales & & 7,100 units \\ Expected selling price per unit & $ & 790 \\ Total fixed costs & $ & 1,300,000 \\ \hline \end{tabular} During 2017 , actual number of units produced and sold was 5,700 , at an average selling price of $800. Actual cost of direct materials used was $1,193,100, based on 61,500 pounds purchased at $19.40 per pound. Direct manufacturing labor-hours actually used were 18,000 , at the rate of $36.60 per hour. As a result, actual direct manufacturing labor costs were $658,800. Actual fixed costs were $1,190,000. There were no beginning or ending inventories. Requirement 1. Calculate the sales-volume variance and flexible-budget variance for operating income. Begin with the actual results, then complete the flexible budget columns and the static budget columns. Label each variance as favorable (F) or unfavorable (U). (For variances with a $0 balance, make sure to enter " 0 " in the appropriate field. If the variance is zero, do not select a label.) \begin{tabular}{|c|c|c|c|c|c|} \hline & \begin{tabular}{l} Actual \\ Results \end{tabular} & \begin{tabular}{c} Flexible-Budget \\ Variance \end{tabular} & \begin{tabular}{l} Flexible \\ Budget \end{tabular} & \begin{tabular}{c} Sales-Volum \\ Variance \end{tabular} & \begin{tabular}{c} Static \\ Budget \end{tabular} \\ \hline \multicolumn{6}{|l|}{ Output units } \\ \hline Revenues & & & & & \\ \hline \multicolumn{6}{|l|}{ Direct materials } \\ \hline \multicolumn{6}{|c|}{ Direct manufacturing labor } \\ \hline Fixed costs & & & & & \\ \hline Total costs & & & & & \\ \hline Operating income & & & & & \\ \hline \end{tabular} Requirement 2. Compute price and efficiency variances for direct materials and direct manufacturing labor. Compute the price and efficiency variances for direct materials. Label each variance as favorable (F) or unfavorable (U). Compute the price and efficiency variances for direct manufacturing labor. Label each variance as favorable (F) or unfavorable (U)