I need question 4 at the top answered: How can favorable and unfavorable variances be communicated?

Question 4: How can favorable and unfavorable variances be communicated? NOTE about this section: It will AUTOMATICALLY UPDATE ONCE YOU PUT IN THE INFORMATION IN THE 2021 ACTUAL GREEN SECTION 2021 ACTUAL STANDARD COST BUDGET VARIANCE - Current Standard Predetermined Unit Costs Favorable is Postive Unfavorable is Negative Pounds Per Unit Usage Measurement Cost Per Pound Cost Per Unit 20 30 Plastic Parts Direct Materials: Metal Parts Direct Materials: Paint and Stickers Direct Materials: Direct Labor Hours: Manufacturing Overhead Machine Hours: pounds pounds pounds hours hours (1.00) $ (1.50) $ . (8.00) $ (340.00) (690.00) 15.00 (60.00) 320.00 (755.00) 60 $ $ (4.00) $ (14.50) $ 2021-2022 STANDARD VS. ACTUAL COST BUDGET VARIANCE - Current Standard Predetermined Unit Costs Pounds Per Unit Usage Measurement Cost Per Pound 20 pounds Direct Materials Price and Quantity Standard Plastic Parts Direct Materials: Purchase price, net of discounts Freight Receiving/handling Required materials Allowance for waste (1.00) (0.50) (0.25) (0.25) $ 0 20 30 pounds Direct Materials Price and Quantity Standard Metal Parts Direct Materials: Purchase price, net of discounts Freight Receiving/handling Required materials Allowance for waste wu (1.50) (1.10) (0.20) (0.20) 0 30 pounds Direct Materials Price and Quantity Standard Paint and Stickers Direct Materials: Purchase price, net of discounts Freight Receiving/handling Required materials Allowance for waste onton hours ww (8.00) (6.00) Direct Labor Price and Quantity Standard Direct Labor Hours: Hourly wage rate Cost of living adjustments Payroll taxes Other benefits Actual production Breaks Setup and cleaning (2.00) 60 hours (4.00) Manufacturing Overhead Quantity Standard Manufacturing Overhead Manufacturing Insurance Manufacturing Plant Utilities Manufacturing Cleanup times Direct Labor Hours (2.00) (2.00)