It's a full question

QUESTION 4 a) Appiah Company is a manufacturer of office desks. It uses a standard absorption costing system to monitor performance of managers and departments. A standard absorption cost card for one of its models, the Premium, is given below. GH GH Selling price 320 Production costs: Direct material (12 metres @ GH 2.50 per metre) 30 35 Direct labour (5 hours @ GH 7.00 per hour) Variable overhead (5 hours @ GH 20.00 per hour) 100 Fixed overhead (5 hours @ GH 15.00 per hour) 75 240 80 Budgeted production and sales are 1,200 Premium per month. Actual results for the production and sale of Premium office desks for the most recent month were as follows. Sales 1,400 office desks @ GH 300 each Production 1,500 office desks Direct material (purchased and used) 18,200 metres @ GH 2.20 per metre Direct labour (worked and paid) 6,000 hours at GHe 7.00 per hour Variable overheads GH 125,000 Fixed overheads GH 102,000 There were no opening inventories of finished goods. Required Determine the variance for the following: i) Direct material price ii) Direct material usage iii) Direct labour rate iv) Direct labour efficiency v) Variable overhead expenditure 3 3/10 vi) Variable overhead efficiency vii) Fixed overhead expenditure viii) Sales volume (in terms of profit) ix) The aim behind a balanced scorecard is to provide a comprehensive framework for translating a company's strategic objectives into a coherent set of performance measures. It allows managers to look at the business from four (4) different perspectives. Required State and briefly explain the four different perspectives of the balance score card