can i get these solved please (no need for explanations), pages are continuations. i just want page two and three answered please.

Requirement 3. Comment on the January 2020 price and efficiency variances of Madison Corporation. A koy point is that (19) Ekely to be (20) They are so (21) Fluctuations about standards : bound to occur in a (22) fashion. Practically, from a control viewpoint, a standard is a band or range of acceptable performance rather than a single-figure measure. Requirement 4. Why might Madison calculate direct materials price variances and direct materials efficiency variances with reference to different points in time? The purchasing point is where responsibility for (23) is found most often, The production point is where responsibility for (24) is found most often. Madison Corporation may calculate varlances at different points in time to tie in with (25) 1: Standards Direct materials: 10lb. at $5.30 per lb. Direct manufacturing labor: 0.5 hour at $29 per hour $53.00 14.50 2: Actual Data Actual results in January 2020 were as follows: Direct materials: 96,500lb, used Direct manufacturing labor: 4,700 hours \$ 144,525 3: Requirements 1. Compute the January 2020 price and efficiency variances of direct materials and direct manufacturing labor. 2. Prepare joumal entries to record the variances in requirement 1. 3. Comment on the January 2020 price and efficiency variances of Madison Corporation. Why might Madison calculate direct materials price variances and direct materials efficiency variances with reference to different point in time? Budgeted price Actual input Actual price Budgeted input for actual output (4) (5) (2) Actual input Actual price Budgeted input for actual output Budgeted price (6) Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance Direct Materials Control Direct Materials Efficiency Variance Direct Materials Price Variance Wages Payable Control Direct Materials Control Direct Materials Efficiency Variance Direct Materials Price Variance Wages Payable Control Work-in-Process Control Work-in-Process Control Work-in-Process Control Click the icon to see the Worked Solution. Requirement 1. Compute the January 2020 price and efficiency variances of direct materials and direct manufacturing labor. Let's begin by calculating the actual input at the budgeted price. (Round your answers to the nearest whole dollar.) Now compute the price and efficiency variances for direct materials and direct manufacturing labor, Label each variance as favorable ( F ) or unfavorable (U). Requirement 2. Prepare journal entries to record the variances in requirement 1. Prepare the joumal entry for the direct materials price variance. (Record debits first, then credits. Exclude explanations from any journal entries.) Next prepare the joumal entry for direct materials efficlency variance. w prepare the journal entry for direct manufacturing labor price and efficiency variances. 10111/23,11:40AM (9) Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance (10) Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance (11) Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance (12) Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance (13) Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance (14) Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance (15) Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance 16) Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance Accounts Payable or Cash Control Direct Manufacturing Labor Efficiency Variance Direct Manufacturing Labor Price Variance Direct Materials Control Work-in-Process Control Direct Materials Efficiency Variance Direct Materials Price Varlance Wages Payable Control Direct Materials Control Direct Materials Efficlency Variance Direct Materials Price Variance Wages Payable Control Direct Materials Control Direct Materials Efficiency Variance Direct Materials Price Variance Wages Payable Control Direct Materials Control Direct Materials Efficiency Variance Direct Materials Price Variance Wages Payable Control Direct Materials Control Direct Materials Efficiency Variance Direct Materials Price Variance Wages Payable Control Direct Materials Control Work-in-Proce: Direct Materials Efficlency Variance Direct Materials Price Variance Wages Payable Control Direct Materials Control Direct Materials Efficiency Variance Direct Materials Price Variance Wages Payable Control Direct Materials Control Direct Materials Efficiency Variance Direct Materials Price Variance Wages Payable Control Direct Materials Control Direct Materials Efficiency Variance Direct Materials Price Variance Wages Payable Control Direct Materials Control Direct Materials Efficiency Variance Direct Materials Price Variance Wages Payabie Control (20) insignificant (21) big that they are meaningful significant small as to be nearly meaning