Check my work 10 Walton's Doll Company produces handmade dolls. The standard amount of time spent on each doll is 1.50 hours. The standard cost of labor is $764 per hour. The company planned to make 8,600 dolls during the year but actualily used 13,500 hours of labor to make 10,000 dolls. The payroll amounted to $108,675 Required a. Should labor variances be based on the planned volume of 8,600 dolls or the actual volume of 10,000 dolls? b. Prepare a table that shows t d. Compute the labor usage variance and indicate whether it is favorable (F) or unfavorable (U) B Req C and D Prev 10 of 10 Next er 8 Homework Help Save & ExitSub 0 Walton's Doll Company produces handmade dolls. The standard amount of time spent on each doll s 1.50 hours. The standard cost of labor is $764 per hour. The company planned to make 8,600 dolls during the year but actually used 13,500 hours of labor to make 10,000 dolls. The payroll amounted to $108,675 Required d labor variances be based on the planned volume of 8,600 dolls or the actual volume of 10,000 dols? b. Prepare a table that shows the standard labor price, the actual labor price, the standard labor hours, and the actual labor hours c. Compute the labor price variance and indicate whether it is favorable (F) or unfavorable (U) d. Compute the labor usage variance and indicate whether it is favorable (F) or unfavorable (U) Print Complete this question by entering your answers in the tabs below. Reg A Reg Req B Req G D Req and D Compute the labor price and labor usage variances and indicate whether they are favorable (F) or unfavorable (U). (Select None" if there is no effect (i.e., zero variance). Round yo