Bucstion 3 Final Company manufictures a plastic swimming pool at its Westwood Plant. The plant has been experiensinz problems for some time as shown by its June profit statement below: Janet Dunn, who has just been appointed general manager of Westwood Plant, has been given instructions to get things under control. Upon reviewing the plant's profit statement, Ms. Dunn has concluded that the major problem lies in the variable cost of goods sold. She has been provided with the following standard cost per swimming pool: Ms. Dunn has determined that during June the plant produced 15,000 pools and incurred the following cost: - Purchased 50,000 kilos of materials at a cost of $2,15 per kilo. - There were 21,800 kilos of materials on hand at the end of May. 27,600 kilos of materials remained in. the warehouse at the end of June. - Worked 13,800 direct labor hours at a cost of $5.85 per hour. - Incurred variable manuficturing overhead cost totaling $35,070 for the month. A tocal of 6,700 machine hours was recorded. Required: 1. Compute and analyze the following variances for June: a. Direct materials price and quantity variances. b. Direct labor rate and efficiency variances. c. Variable overhead spending and efficiency variances. What relationship can you see between this efficiency variance and the labor efficiency variance? 2. What other variances can you see, if there are any