i just need requiremenets 3,4, and 5. Thank you!

Bra manufactures colle mugs that it is to other companies for customizing with their own logos Bria prepares flexible budgets and as a standard cost system to control manufacturing costs. The standard unit cost of a coffee mug is based ont budget volume of 60,100 coffee mugs per month Co the loon to view the cost Actual cost and production information for Jay 2018 blow Click the icon to view accost and production nation) Read the regio UL 3.140 Wo Procesory Directors cancy Vance tory 30 2,500 aria manufactures coffee mugs that it sells to other companies for customizing with their own logos. Bria prepares flexible budgets and uses a standard cost system to control manufacturing costs. The standard unit cost of a coffee mug is based on state budget volume of 60,100 Colfee mugs per month Click the icon to view the cost data) Actual cost and production information for July 2018 (Click the icon to view actual cost and production Read the requirements Requirement 1. Compute the cost and efficiency verancen for direct materials and direct labor. Begin with the con variances Select the required formulas, compute the cost variances for direct materials and direct labor, and identify whether each variance is favorable (F) or un sctunt quantity, FOH = fond overhead: SC standard cost 50 standard quantity) Formula Varance Direct mail otvara (AC-5C) AD 500 Durator stance LAC-SCAD $ 0.030 telect the pored tomadas comoule the clency variances for direct materials and direct labor, and identity whether each variance is tvorable (F) or untivorable (U). (Abbreviation overhead standard) Formula Variance Det mesec (AD-0) SC 540F Dewborno (30) U Requirement 2. Jou the purchase and usage of direct materials and the assignment of direct labor, including the related variances (Records that are the one tegin by mang the purchase of cruci materials, including the mate variano (Prepare a single compound jumal) Date Account and Explanation Credit 2.000 100 No Pet 1,700 Det Chromowany things and trickCheck Answer Help Me Solve This DemoDocs Example Get More Help Data Table $ 0.05 0.30 Direct Materials (0.2 lbs @ $0.25 per lb) Direct Labor (3 minutes @ $0.10 per minute) Manufacturing Overhead: Variable (3 minutes @ $0.04 per minute) Fixed (3 minutes @ $0.14 per minute) $ 0.12 0.42 0.54 $ 0.89 Total Cost per Coffee Mug Print Done 800 . rect materials and direct labor. buf ES More Info -- 3 2 ford a. There were no beginning or ending inventory balances. All expenditures were on account. b. Actual production and sales were 62,800 coffee mugs. c. Actual direct materials usage was 10,000 lbs. at an actual cost of $0.17 per lb. d. Actual direct labor usage was 201,000 minutes at a total cost of $26,130 e. Actual overhead cost was $5,025 variable and $35,875 fixed. f. Selling and administrative costs were $126,000. nula Q) SQ) X mater ing the Print Done 800 1.700 nequirements 1. Compute the cost and efficiency variances for direct materials and direct labor. 2. Journalize the purchase and usage of direct materials and the assignment of direct labor, including the related variances. 3. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fixed overhead cost and volume variances. 4. Journalize the actual manufacturing overhead and the allocated manufacturing overhead. Journalize the movement of all production costs from Work-in-Process Inventory. Journalize the adjusting of the Manufacturing Overhead account. 5. Bria intentionally hired more highly skilled workers during July. How did this decision affect the cost variances? Overall, was the decision wise? en the he Print Done