I need assistance in being able to verify my assignment due today before submission. I only have someone to help me in checking my work in my variance analysis for my accounting class. I have also included the appendix, which I used to pull the needed information.

Milestone Three - Variance Analysis Just Do the collars Data for Variance Analysis: Budgeted Budgeted Actual Actual (Standard) (Standard) Hours/Qty Rate Hours/Qty Rate Labor 160 $ 16.00 180 16.50 Materials 400 9.10 460 10.00 How many collars expected to see x number of days that month (20) Variances for Collar Sales Favorable/ Variance Unfavorable Direct Labor Time Variance (Actual Hours - Standard Hours) x Standard Rate S 320.00 Unfavorable Direct Labor Rate Variance (Actual Rate - Standard Rate) x Actual Hours 90.00 Unfavorable Direct Materials Quantity/Efficiency Variance (Actual Quantity - Standard Quantity) x Standard Price S 546.00 Unfavorable Direct Materials Price Variance (Actual Price - Standard Price) x Actual Quantity S 414.00 UnfavorableACC 202 Milestone Three: Actual Cost: and Revenue Data Appendix At the end of the rst month of opening your business, you calculate the actual operating costs of the business and the income you earned. You also notice and document the difference in what you budgeted for certain materials and labor against the actual amounts you spent on the same. For your statement of cost of goods sold, use the following data regarding the actual costs incurred by the business over the past month: I Materials purchased: $20,000 a Consumed 80% of the purchased materials - Direct labor: $8,495 I Overhead costs: $5,765 Note: Assume that the beginning materials and ending work in prooess are zero for the month. Use the following revenue and cost into rmation for the "meme statement. Note th at the revenue you use will depend on the pricing level options you chose in Milestone Two. Also, assume that after accounting for weekends and other holidays, there were 20 business days in the rst month of operation. For example, if you chose a sales price of $20 per collar, the actual number of collars sold in the month was 33 per day or 33 x 20 : 660 per month. Established Sales Number of Items Sold per Price Day Collars $20 33 524 28 $28 23 Leashes 522 28 $25 23 S30 18 Harnesses $25 25 $30 22 535 20 The other costs incurred by the business include: I General and administrative salaries o Receptionist: $1,950 I Office supplies: $200 I Other business equipment: $150 Variance At the end of the month, you nd that the labor and materials spent on manufacturing collars was different from what yuu estimated: I The collar maker had to work nine hours a day instead of eight due to an increased demand for collars. Because of the increased demand, the hourly rate you paid your employee for making the collars increased to $16.50. I An increase in the cost of raw material led the direct material cost per collartu increase to $10. However, you also made and sold 60 more collars than you expected to sell in the month. You now need to determine the variance in the materials and labor cost from what you estimated in Milestone Two based on the market research data