i only need help with part c. please follow same format. thank you !

Hart Labs, Inc. provides madcow disease testing for both state and federal governmental agricultural agencies. Because the company's customers are governmental agencies, prices are strictly regulated. Therefore. Hart Labis must constantly monitor and controlits testing costs. Shown below are the standard costs for a typical test 53.80 3200 Direct material (2 test tubes 51.90 per tube) Direct labor (1 hour $32 per hour) Variable overhead (1 hour $6.00 per hour) Pred overhead ( hour e $12.00 per hour) Total standard cost pertest 6.00 12.00 $53.80 The tab does not maintain an inventory of test tubes. As a result, the tubes purchased cach month are used that month. Actual activity for the month of November 2020, when 1400 tests were conducted resulted in the following Direct materials (2.940 test tubes $5.292 45.136 Director (1,456 hours Variable overhead 8,316 Fixed overhead 15,960 Monthly budgeted fixed overhead is 517.880. Revenues for the month were $95.200, and selling and administrative expenses were $4,600 (a) Your answer is correct Compute the price and quantity variances for direct materials and direct labor Materials price variance $ 294 Favorable Materials quantity variance $ 266 i Unfavorable Labor price variance $ 456 Favorable Labor quantity variance $ 1792 Unfavorable e Textbook and Media (6) Your answer is correct. Compute the total overhead variance Total Overhead variance $ 924 i Favorable eTextbook and Media List of Accounts Attempts: 1 of 3 used (c) ubai Prepare an income statement for management HART LABS, INC. Income Statement $ Unfavorabile Neither favorable nor unfavorable Favorable SHOW AR Question 1 of 1 0.67/1