JeziBee Enterprises produces T-shirts and sells to customers with fancy statement slogans. The standardized data of costs of direct material, direct labor, and overhead is given in Table 1. Table 1: Standard Data of Direct Material, Direct Labor and Overhead Standard Price Standard Quantity Direct materials $3.00 per yard 2 yards Direct labor $14 per DLH 0.75 DLH Variable overhead $3.20 per DLH 0.75 DLH Standard Cost $6.00 10.50 2.40 $18.90 An operations manager, Randy Rooch, was confronting with numerous unfavorable variances upon his analysis of the November results. In an order to manage the unfavorable variances, Randy requested his chief financial officer (CFO) to develop the summarized information about the unfavorable variances. CFO gave the following budgets of overhead for the month of November alongside the actual data of overhead. During the month of November, JeziBee Enterprise bought and utilized 82,000 yards of cloth. The actual cost of cloth per yard was $2.8 in the month of November. The total actual cost of labor was $457,375, or $12.50 per DLH. A total of 600.000 T-shirts were used for the yearly budgets. For the production, the company uses 45,000 DLH. During the month of November, a total of actual T-shirts produced were 42,500 while the budget was for 45,000 T-shirts. Required: a. Calculate the direct materials price and quantity variances for JeziBee for the month of November. And analyze the possible reasons for such variances with logical reasons. b. Calculate the direct labor rate and efficiency variances for JeziBee for the month of November. And analyze the possible reasons for such variances with logical reasons. c. Calculate the overhead spending and efficiency variances for JeziBes for the month of November. And analyze the possible reasons for such variances with logical reasons. d. Which of these variances should Randy Rooch be held responsible for? Why? Indirect material Indirect labor Equipment repair Equipment power Total Overhead Table 2: Overhead Data for November Annual Budget Per Shirt $720.000 $1.20 450,000 0.75 180.000 0.30 90.000 0.15 $1.440.000 $2.40 November - Actual $52,900 31,400 13.700 6.500 $104.500