Complete the following MAD and TIF questions of Chapter 23 for this project: MAD 23-2 Analyze Valley Hospital's admission time variance Valley Hospital began using standards to evaluate its Admissions Department. The standard was broken into two types of admissions as follows: The unscheduled admission took longer because name, address, and insurance information needed to be determined and verified at the time of admission. Information was collected on scheduled admissions prior to admitting the patient, thus requiring less time in admissions. The Admissions Department employs four full-time people for 40 hours per week at $15 per hour. For the most recent week, the department handled 140 unscheduled and 340 scheduled admissions. Require: 1. How much was actually spent on labor for the week? 2. What are the standard hours for the actual volume of work for the week? 3. Compute the direct labor time variance, and report how well the department performed for the week: 4. What are some factors that may cause an unfavorable direct labor time yariance for the Admissions Department? TIF 23-2 Variance Interpretation Some cost problems have been identified in the Assembly Department of Schumann Electronics Co, a consumer electronics company. The department's budget performance report for the last quarter follows: The performance reports from the Purchasing and Fabrication departmentsare also avallable for the same perlod: Schumann Electronics Co. - Purchasing Department Quarterly Budget Performance Report The following are some excerpts from an interview with the Assembly Department supervisor: Q:What explains the poor performance in your department? A: Listen, you've got to understand what it's been like in this department recently. Lately, it seems no matter how hard we try, we can't seem to make the standards. I'm not sure what is going on, but we've been having a lot of problems lately. Q:What kind of problems? A. Well, for instance, all this quarter we've been requisitioning purchased parts from the materials storeroom, and the parts just haven't been fitting together very well. I' m not sure what is going on, but during most of this quarter, we ve had to scrap and soit purchased parts-just to get our assemblies put together. Naturally, all this takes time Q:What kind of problems? A:Well, for instance, all this quarter we've been requisitioning purchased parts from the materials storeroom, and the parts just haven't been fitting together very well. I'm not sure what is going on, but during most of this quarter, we've had to scrap and sort purchased parts-just to get our assemblies put together. Naturally, all this takes time and material. And that's not all. Q:Goon. A: All this quarter, the work we've been receiving from the Fabrication Department has been shoddy. I mean, maybe around 20% of the stuff that comes in from Fabrication just can't be assembled. The fabrication is all wrong. As a result, we've had to scrap and rework a lot of the stuff. Naturally, this has just shot our quantity variances. Require: Analyze and interpret the variance reports and the comments by the Assembly Department supervisor