Can you please assist again and share/provide the actual numbers on how to get the final answer? Thank you.

Toys Ltd. produces a toy called the Dazzler. Overhead is applied to products on the basis of direct labour-hours. The company has recently implemented a standard cost system to help control costs and has established the following standards for the Dazzler toys. Direct materials: Direct labour: 6 microns per toy @ $1.00 per micron Variable mfg overhead: Fixed mfg overhead: 1.3 hours per toy @ $8 per hour 1.3 hours per toy @ $4 per hour 1.3 hours per toy @ $6 per hour During January, the company produced 6,000 Dazzler toys. The fixed overhead expense budget for January was $48,360 with 8,060 direct labour-hours as the denominator level of activity. Production data for the month on the toys follow: Direct materials: Direct labour: Variable manufacturing overhead: Fixed manufacturing overhead: 50000 microns were purchased and used in production at a cost of $0.96 per micron 8000 direct labour hours were worked at a cost of $72000 Actual cost in January was $34,000. Actual cost in January was $50,000. 1. Compute and name the eight variances for direct material, direct labour, variable and fixed manufacturing overheads. Calculate total variances where relevant to the variance. 2. Assume that the actual amount of direct materials used in production was only 40,000 with 10,000 transferred to inventory at the end of the month. What is the revised Direct Material Quantity variance?