i only need an answer for requirement 2a and 2b

manufactures awnings and uses a Actual cost and operating data from the most recent Patterson Awning standard cost system. The company allocates overhead based on the number of direct labor hours The following are the company's cost and standardsAll manufacturing overhead is allocated on the basis of month are as follows: data: direct labor hours. E (Click the icon to view the standards.) Read the requirements Requirements follo (Clic 1. Calculate the standard cost of one awning. 2. Calculate the following variances: a. The direct material variances. b. The direct labor variances. c. The variable manufacturing overhead variances. d. The fixed manufacturing overhead variances. 3. Explain what each of the variances you calculated means and give at least one possible explanation for each of those variances. Are any of the variances likely to be interrelated? uirem anati ct m efollowing uits.) bn the basis of Actual Results a; X (Click the Purchased 42,480 yards at a total cost of $573,480 Fixed MOH volume Used 38,400 yards in producing 1,800 awnings varnance Actual direct labor cost of $163,725 for a total of 8,850 hours Actual variable MOH $63,720 possible uirement lanation fo Actual fixed MOH $75,500 ect materia Print Done iance 4 erhead bas e following Standard Price and Volume ta: the ba (Click th Standards: ed M Direct materials 22.0 yards per awning at $14.00 per yard Direct labor 5.0 hours per awning at $18.00 per hour Variable MOH standard rate $7.00 per direct labor hour uiremenPredetermined fixed MOH standard rate $8.00 per direct labor hour lanation ssible Total budgeted fixed MOH cost $70,500 ect mater Print Done iance Requirement 2a. Calculate the direct material variances. (Enter the variances as positive numbers. Enter currency amounts to the near unfavorable (U). Abbreviations used: DM Direct materials.) First determine the formula for the price variance, then compute the price variance for direct materials. DM price Determine the formula for the quantity variance, then compute the quantity variance for direct materials. te the direct labor variances. (Enter the variances as positive numbers. Enter currency amounts to the neares unfavorable (U) Abbreviations used: DL Direct labor) First determine the formula for the rate variance, then compute the rate variance for direct labor. ) DL rate variance First determine the formula for the efficiency variance, then compute the efficiency variance for direct labor DL efficiency variance ) x (