i really need help on this question's requirments. posted on chegg before but answer was wrong and i'm really stuck
Anderson Clothing manufactures embroidered jackets. The company uses a standard cost system to control manufacturing costs. The following data represent the standard unit cost of a jacket Click the icon to view the cost data) Read the requirements i Requirements - X Jances as positive numbers. Enter currency s as favorable (F) or unfavorable (U) irect materials DM price variance rect materials 1. Compute the price and quantity variances for direct materials. 2. Compute the rate and efficiency variances for direct labor 3. Compute the rate and efficiency variances for variable overhead. 4. Compute the fixed overhead budget variance and the fixed overhead volume variance 5. Company management intentionally purchased superior materials for November production How did this decision affect the other cost variances? Overall, was the decision wise? Explain 6. Journalize the usage of direct materials and the assignment of direct labor, including the related variances DM quantity variance les as positive numbers. Enter currency s as favorable (F) or unfavorable (U) Print Done DL rate variance Choose from any list or enter any number in the input fields and then continue to the next question. a 54 hp Anderson Clothing manufactures embroidered jackets. The company uses a standard cost system to control manufacturing costs. The following data represent the standard unit cost of a jacket: E (Click the icon Data Table - X Read the requirend humbers. Enter currency r unfavorable (U) Requirement 1. amounts to the ne Abbreviations use Begin by determin DM price variance Now determine the Direct materials 3.0 sq ft $415 per sq. ft) $ 12.45 Direct labor 20 hours x S9.70 per hour) 19.40 Manufacturing overhead: Variable ( 20 hours x $0 68 per hour) $ 1 36 4.40 5.76 Fixed ( 20 hours x $220 per hour) $ 37.61 Total standard cost per jacket Fixed overhead in total was budgeted to be $62,820 for each month Actual data for November of the current year include the following: a. Actual production was 14,000 jackets b. Actual direct materials used was 2.60 square feet per jacket at an actual cost of S4 30 per square foot. (Assume the direct materials purchased is the same as the direct materials used) c. Actual direct labor usage of 25,800 hours for a total cost of $252,840. d. Actual fixed overhead cost was $57,508, while actual variable overhead cost was $19,350 DM quantity variance Requirement 2. amounts to the ne Abbreviations use bers Enter currency r unfavorable (U) Determine the fom DL rate vanance Choose from any Print Done o te a 8