hello please kindly answer all(requirements and info below)

Ault manufactures embroidered jackets. The company prepares flexible budgets and uses a standard cost system to control manufacturing costs. The following standard unit cost of a jacket is based on the static budget volume of 14,200 jackets per month: BE! (Click the icon to view the cost data.) Requirements Requirement 1. Compute the price and efficiency variances for direct materials and direct labour. Begin by determining the formula for the price variance, then compute the price variances for direct materials (DM) and direct labour (DL). (Enter the results as positive numbers. Label each variance as favourable (F) or unfavourable (U).) Actual price per input unit Standard price per input unit) Actual quantity of input Price variance DM ) x DL ) X Next, determine the formula for the efficiency variance, then compute the efficiency variances for direct materials (DM) and direct labour (DL). (Enter the results as positive numbers. Label each variance as favourable (F) or unfavourable (U).) Actual quantity of input Standard quantity of input ) Standard price per input unit = Efficiency variance DM ( x DL x Requirement 2. For manufacturing overhead, compute the total variance, the flexible budget variance, and the production volume variance. (Enter the results as positive numbers. Label each variance favourable (F) or unfavourable (U).) Ault Manufacturing Overhead Variances Total overhead variance: Actual overhead cost Standard overhead allocated to production Total overhead variance Overhead flexible budget variance: Actual overhead cost Flexible budget overhead for actual outputs Overhead flexible budget variance Production volume variance: Flexible budget overhead for actual outputs Standard overhead allocated to production Production volume variance Data Table Direct materials ( 3.0 sq.mx $3.95 per sq. m) $ 11.85 Direct labour ( 2 hours x $9.20 per hour) 18.40 Manufacturing overhead: Variable ( 2 hours x $0.60 per hour) $ 1.20 Fixed 4.60 5.80 ( 2 hours x $2.30 per hour) $36.05 Total cost per jacket Data for November of the current year include the following: a. Actual production was 13,800 jackets. b. Actual direct materials usage was 2.50 m2 per jacket at an actual cost of $4.10 per m2 C. Actual direct labour usage of 25,400 hours cost $238,760. d. Total actual overhead cost was $81,000. Requirements 1. Compute the price and efficiency variances for direct materials and direct labour. 2. For manufacturing overhead, compute the total variance, the flexible budget variance, and the production volume variance. 3. Ault's management intentionally purchased superior materials for November production. How did this decision affect the other cost variances? Overall, was the decision wise? Explain