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Dewberry Gear Inc. makes athletic wear for men and women. The company uses a standard cost system. The following is the standard cost card for

Dewberry Gear Inc. makes athletic wear for men and women. The company uses a standard cost system. The following is the standard cost card for one line of women's athletic wear.Quantity for one unit Standard Rate or Price

Direct materials (meters)4.2$9.15per meter

Direct labour (hours)0.75$15.00per hour

Variable overhead (hours)0.9$4.50per hour

Fixed overhead (hours)0.9$5.50per hour

Overhead application rates are determined on the basis of a normal production volume of 15,000 suits, which is 80% of maximum capacity.Actual results for July 20x1, during which 18,750 suits were made, are as follows:QuantityCostDirect material purchased65,000meters and $633,750. 9.75

Direct materials used80,500meters and $784,875. 9.75

Direct labour15,000hours and $225,000. 15

Variable overhead92,500Fixed overhead112,500

Required:Calculate the following:a.The standard quantity of materials needed to make 18,750 suits.b.The standard quantity of labour-hours needed to make 18,750 suits.c.The direct materials price varianced.The direct materials quantity variancee.The direct labour efficiency variancef.The variable overhead spending varianceg.The fixed overhead volume variance

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