I need help with these cost accounting questions please. Thanks.

Sari Inc. has a fully automated production facility in which almost 97 percent of overhead costs are driven by machine hours. As the company's cost accountant, you have computed the following overhead variances for May: Variable overhead spending variance $88,400 F Variable overhead efficiency variance 107,120 F Fixed overhead spending variance 72,800 U Fixed overhead volume variance 52,000 U The company's president is concerned about the variance amounts and has asked you to show her how the variances were computed and to answer several questions. Budgeted fixed overhead for the month is $2,600,000; the predetermined variable and fixed overhead rates are, respectively, $20 and $40 per machine hour. Budgeted capacity is 52,000 units. a. Using the four-variance approach, prepare an overhead analysis. Note: Do not use negative signs with your answers. FOH spending variance Actual FOH - Budgeted FOH = FOH Spending Variance $ 0 - $ 0 0 Unfavorable FOH volume variance Budgeted FOH - Applied FOH = FOH Volume Variance $ 0 - $ 0 = $ 0 Unfavorable VOH spending variance Actual VOH - VOH Rate x Actual Hours = VOH Spending Variance 0 - $ 0 = $ 0 Favorable /OH efficiency variance VOH Rate x Actual Hours - Applied VOH = VOH Efficiency Variance $ 0 = $ 0 Favorable b. What is the standard number of machine hours allowed for each unit of output? |0 MHs per unit c. How many actual hours were worked in May? |0 hours d. What is the total spending variance? Note: Do not use a negative sign in your answers. $ 0 e. How would the overhead variances be closed if the three-variance approach were used and the variances are considered insignificant? Note: Record any multiple debits or any multiple credits in alphabetical order by account name. Account ebit credit 0 0 O O O To dispose of the overhead variancesBerlin Ltd. uses a combined overhead rate of $2.90 per machine hour to apply overhead to products. The rate was developed at an annual expected capacity of 211,200 machine hours; each unit of product requires two machine hours to produce. At 211,200 machine hours, expected fixed overhead for Munich Ltd. Is $200,640. During November, the company produced 9,568 units and used 19,760 machine hours. Actual variable overhead for the month was $37,680 and fixed overhead was $16,000. Calculate the overhead spending, efficiency, and volume variances for November. Note: Do not use negative signs with your answers. Note: Round your answers to the nearest whole dollar. OH Spending Variance Actual OH - Budget at Actual = OH Spending Variance $ 0 - $ 0 = $ 0 OH Efficiency Variance Budget at Actual - Budget at Standard = OH Efficiency Variance $ 0 - $ 0 = $ 0 Volume Variance Budget at Standard - Applied OH = Volume Variance $ 0 - $ 0 = $ 0In December, Sam Antari, president of Antari |nc., received the following information from Denise Sweet, the new controller, in regard to November production of travel bags: November production 12,480 bags Actual cost of material purchased and used $37,830 Standard material allowed 0.5 square yard per bag Material quantity variance $1,560 U Standard price per yard of material $6 Actual hours worked 25,376 hours Standard labor time per bag 2 hours Labor rate variance $3,806 F Standard labor rate per hour $17 Antari asked Sweet to provide the following information: a. Standard quantity of material allowed for November production ' O 1 square yards b. Standard direct labor hours allowed for November production ' 0 'standard hours allowed c. Material price variance Note: Do not use a negative sign with your answer. Material price variance ' $ 0' 0 d. Labor efciency variance Note: Do not use a negative sign with your answer. Labor efficiency variance l$ ol ' e. Standard prime (direct material and direct labor) cost to produce one travel bag $ 0 f. Actual cost to produce one travel bag in November Note: Round your final answer to two decimal places. $0