Hello, please help me with this, I continue to get it incorrect.

Act: 202 Milestone Three: Amai Costs and Revenue Data Appendix At the end at the rst month of opening your buslness, you calculate the actual ope noting costs ofthe business and the income you earned. You also notice and document the dinerence in what you budgeted ror certain materials and labor against the actual amounts you spent on the same. For your statement of most of goods sold, use the following data regarding the actual costs incurred by tile buslness over the past month: 5 Materials purchased: 510,000 or Consumed 30% ordre purchased materials - Direct labor 53,495 . Overhead posts: 33,755 Note:Assume that the beginning materials and ending worli in process are zero for the month. Use the Following revenue and cost information for the income statement. Note that the revenue you use will depend on the pricing level options you chose in Milestone Two. Also, assume that after accounting for weekends and other holidays, there were ZEI business days in the first month of operation. For example, if you chose a sales price of $20 per collar, the actual number of collars sold in the month was 33 per day or 33 1: 10 = 650 per month. Established Sales Price Number of Items Sold per Day Collars $20 33 $24 28 518 23 Leashes $12 29 $25 23 530 la Harnesses 525 25 530 22 535 29 The other costs in curred by the business include: I General and administrative salaries to Receptionist: $1,950 I Ofce supplies: 5200 5 Other business equipment: $158 Varianoe At the end of the month, you nd that the labor and materials spent on manufacturing collars was different From what you estimated. The collar ma ker had to work nine hoursa day instead of eight due to an increased demand for collars. Because of the increased demand, the hourly rate you paid your employee for making the collars increased to $16.50. An increase in the cost of raw material led the direct material cost per Enllarto increase In $10. However, you also made and sold 50 more collars than you expectedto sell in the month. You ncllw need to determine the variance in the materials and labor cost from what you estimated in Milestone Two based on the market research data. Direct Labor TmeVariame [Actual Hours - Standard Hours] is standard Rate Direct Labor Rate Variant! [Actual Rate - Standard Robe] x Actual Hours _ Direct Materials quantitylitdencywam [Actual Quantity - Standard Quantity] x Standard Price Direct Materials Price Valianoe [Actual Price - Standard Price] 1 Actual Quantity A l a o l r Mllutonl Thm - Variance Allah/Ila must Actual Hourvcmr variances for Collar sales Variance