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Hi, could someone please give me explanation and guide me steps to do these questions? Thank you very much! 34) The following standards for labour

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Hi, could someone please give me explanation and guide me steps to do these questions? Thank you very much!

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34) The following standards for labour have been established for a particular product: Standard labour hours per unit of output 4 hours Standard labour rate $12.30 per hour The following data pertain to operations concerning the product for the last month: Actual labour hours worked 'l',l00 hours Actual labour cost $89,105 Actual output 1,500 units What is the labour efciency for the month? $13,530F $13,530U $1,500F $1,500U Using the information 'om Question 34. What is the labour rate variance for the month? $1,500F $1,500U $1,??5F $1,??5U 36} The standard units used to make a bag are 5 pieces of metal rivets each costing $10. During the production month, the following information was recorded: Bags produced: 12,000 Metal rivets purchased and used: 65,000 rivets at $1 1 each What is the material price variance? $65 ,OOOF $65 ,000U $50,000F $50,000U Using the information ow Question 36. What is the material usage variance for the month? $60,000F $60,000U $50,000F $50,000U

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