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I need as fast as you can answer but the questions are : Total VOH variance + Total FOH variance with steps Total FOH variance

I need as fast as you can answer but the questions are :

Total VOH variance + Total FOH variance with steps

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Part A: Answer ALL of the following Questions 01. 6 Marks) Al Itihad compnay is located in Abu Dhabi Indusctrial Zone. In April 2016, the compan produced 9,000 units. Materials purchased were 25,000 Kgs of material, costing $50,000 Material used in production were 23,000 Kgs. 16,000 labour hours were used, costing $36,000. Actual variable overhead costs were $70,000. You are given the following standard data for April 2016: Standard Data 10,000 units to be made Material- 2.5 KG at $2.5 per KG Direct labor-2.25 hours at $2 per hour Overhead: Fixed-2 hours at $3.50 per hour Variable-2 Direct labour hours at $4.5 per hour Required: Compute the following variances (3 marks each): 1. Total material variances. Comment on your answer. 2. Total labour variances. Comment on your answer. Answers

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