Answer question 1,2,3,4

Standard Costing, Planned Variances Movil Company manufactures a plastic toy cell phone. The following standards have been established for the toy's materials and labor inputs: During the first week of July, the company had the following results: 3s. @ $1.45 per lb nearest dollar. Required: Download Excel spreadsheet 1. Conceptual Connection: Compute the materials price and usage variances (round answers to the nearest dollar). purchased? Assume that the quality of the end product is not affected significantly. 2. Conceptual Connection: Compute the labor rate and efficiency variances. Assuming that the labor variances are attributable to the new manufacturing layout, should it be continued or discontinued? variance, enter " 0 " and select "No variance" from the dropdown. Should the new layout be adopted? Assume the variances are attributable to the new layout. If so, what would be the projected annual savings? Standard Costing, Planned Variances Movil Company manufactures a plastic toy cell phone. The following standards have been established for the toy's materials and labor inputs: During the first week of July, the company had the following results: 3s. @ $1.45 per lb nearest dollar. Required: Download Excel spreadsheet 1. Conceptual Connection: Compute the materials price and usage variances (round answers to the nearest dollar). purchased? Assume that the quality of the end product is not affected significantly. 2. Conceptual Connection: Compute the labor rate and efficiency variances. Assuming that the labor variances are attributable to the new manufacturing layout, should it be continued or discontinued? variance, enter " 0 " and select "No variance" from the dropdown. Should the new layout be adopted? Assume the variances are attributable to the new layout. If so, what would be the projected annual savings