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

Skip Company produces a product called Lem. The standard direct material cost to produce one unit of Lem is four quarts of raw material at $2.50 per quart. During May, 5,880 quarts of raw material were purchased at a cost of $14, 112. All the purchased material was used to produce 1,400 units of Lem. a. Compute the material price variance and material quantity variance for May. Note: Do not use a negative sign with your answers. Material price variance $ O Material quantity variance $ O b. Assume the same facts except that Skip Company purchased 8,400 quarts of material at the previously calculated cost per quart, but used only 5,880 quarts. Compute the material price variance and material quantity variance for May, assuming that Skip identifies variances at the earliest possible time. Note: Do not use a negative sign with your answers. Material price variance $ O Material quantity variance $ O c. Prepare the journal entries to record the material price and usage variances calculated in (b). Note: List any multiple debits or any multiple credits in alphabetical order by account name. Account Debit Credit 0 O 0 0 To record material price variance 0 O ooo To record material quantity varianceLogen Construction builds standard prefabricated wooden frames for walls. Each frame requires five direct labor hours and the standard hourly direct labor rate i: $18. DuringJuly, the company produced 804 frames and worked 3,972 direct labor hours. Payroll records indicate that workers earned $72,489.00. a. What were the standard hours forJuly production? 1 O 1 hours b. What was the actual hourly wage rate? 15 0 c. Calculate the direct labor variances. Note: Do not use a negative sign with your answers. Note: Round your final answers to the nearest whole dollar. 0 Labor rate variance $ 0 0 Labor efficiency variance $ 0