7 Asut making company makes and sells mens cuits The standard cost for a yard of material is $3.60 Each suit requires a standard of 4 yards per suit In one month they made 4800 cuits. Actual material purchased and used was 21.120 yards at a total costo $70,752 335 per yard) Prepare the Material price (mto) and usage variances Mac Price Verde Actual Pintad Pricex Actual Querity Deed (470,752/21.120) - 3.60) 21.120-3.35 -3.60\x21,126 5.280 (9) My Act Standard Standard pent 21.120-19.200 3.60 105 6,912 (U) 100 107 100 109 110 111 112 183 114 115 B Prepare the Labor rate and labor Oty (usage) variances Laborate Actualme SudadexActual (15-16) 100,000 / 15 6.720 (7) difference ofference Wor Flexible Budget 100 117 Labe ethiccy Actual bous. Shown) Standard 118 6,720 -7.680) 119 15360 (F) 120 121 122 9 In the space treate a fexble budget for the 800 unit level and calculated forences 123 actual or the exible budget. Put the number and For U for Favorable or Unfavorable 24 Budget Actual 125 Units Sales 1.000 800 126 127 Costa/Expenses 120 Direct Material 3.000 2.000 Doct Labor 2.000 1.500 10 Vanablo OH 1.000 11 Vartale felling 1.400 132 Variable Admin 1000 NO 133 134 CM 2.000 24100 1:35 Fung 2.000 2.000 138 Fodo cod 3000 Total Codes Whe 12001 F F 11900 (100) 250 (100 40V 100 102 PA 200 1500 F F 100 U CON