I need help with 5-8

Highland Company produces a lightweight backpack that is popular with college students. Standard variable costs relating to a single backpack are given below: Standard Quantity Standard Price or Hours or Rate Direct materials 54.00 per yard Direct labor Variable manufacturing overhead labor-hour Total standard cost per unit Standard Cont 57 2 per direct $ Overhead is applied to production on the basis of direct labor-hours. During March, 420 backpacks were manufactured and sold. Selected information relating to the month's production is given below: Direct Labor Variable Manufacturing Overbead $1.092 52.407 Materials Used $ 6,720 55,355 2 5 420 Total standard cost allowed Actual costs incursed Materiais price valiance Materials quantity variance Labor rate variance Labor efficiency variance Variable overhead rate variance Variable overhead efficiency variance "For the month's production The following additional Information is available for March's production 630 Actual direct labor-hours Ditterence between standard and actual cost per backpack produced during March $0.15 Required: Hint it may be helpful to complete a general model diagram for direct materials, direct labor, and variable manufacturing overhead before attempting to answer any of the requirements 1 What is the standard cost of a single backpack? 2. What was the actual cost per backpack produced during March? 3. How many yards of material are required at standard per backpack? 4. What was the materials price variance for Morch if there were no beginning or ending inventories of materials? 5. What is the standard direct labor rate per hour? 6. What was the labor rate variance for March? The labor efficiency variance? 7 What was the variable overhead rate variance for Morch? The variable overhead officiency variance? 8. Prepare a standard cost card for one backpack