I am trying to figure out the variances, I have attached the two previous parts that i have completed that i believe need to help to solve it.

Paw-fect Pups MILESTONE 3 - Variance Analysis INSTRUCTIONS: Prepare the variances and identify whether they are favorable or unfavorable. The below website will provide further assistance with variances: http:/accounting-simplified.com/management/variance-analysis/material/price.html DATA FOR VARIANCE ANALYSIS: Standard Standard Actual Actual Hours / Qty Rate Hours / Qty Rate Grooming Labor 150 S 12.00 180 5 11.50 Grooming Materials 1,000 2.00 1,200 S 3.00 Favorable/ Variance Unfavorable Groomer Direct Labor Time Variance [Actual Hours - Standard Hours] x Standard Rate S Groomer Direct Labor Rate Variance [Actual Rate - Standard Rate) x Actual Hours S Direct Materials Quantity/Efficiency Variance [Actual Quantity - Standard Quantity) x Standard Price 5 Direct Materials Price Variance [Actual Price - Standard Price] x Actual Quantity SPaw-fect Pups Income Statement For the Month Ended January 31, XXXX Revenue: Grooming 3.000 Day Care Boarding 7,560 Tota Revenue Cost of Services * 11,040 Gross Profit S Expenses: G&A Salaries 1,200 Advertising 100 Cleaning Products 120 Depreciation 83 Rent 650 Loan 420 Utilities and Insurance 600 Total Expenses Net Income / Loss * Cost of Goods Sold = Cost of Services There is no finished goods inventory to maintain.INSTRUCTIONS: The following are the actual numbers for January: Materials Purchased $5,000 of Materials Consumed 40% of those purchased materials Direct Labor Direct Labor was $6,240 Overhead Overhead was $2,800 Paw-fect Pups Statement of Cost of Services For the Month Ended January 31, XXXX Beginning Work in Process Inventory Direct Materials: Materials - Beginning Add: Purchases for month of January S 5,000 Materials Available for Use 5,000 Deduct: Ending Materials 3,000 Materials Used 2,000 Direct Labor 6,240 Overhead 2,800 Total Service Costs 11,040 Deduct: Ending Work in Process Inventory Cost of Services S 11,040 * Cost of Goods Sold = Cost of Services There is no finished goods inventory to maintain