must show work for credit! 1. Berends Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct materials 9.2 pounds $3.00 per pound Direct labor 0.3 hours $1700 per hour Variable overhead 0.3 hours $3.00 per hour The company reported the following results concerning this product in April. Actual output Raw materials used in production Purchases of raw materials Actual direct labor hours Actual cost of raw materials purchases Actual direct labor cost Actual variable overhead cost 8.800 units 78,150 pounds 85.900 pounds 2,500 hours $240,520 $39,424 $6.912 a. Calculate the materials price variance for April b. Calculate the materials quantity variance for April c. Calculate the labor rate variance for April. d. Calculate the labor efficiency variance for April e. Calculate the variable overhead rate variance for April. f. Calculate the variable overhead efficiency variance for April 2. Thompson Company uses a standard cost system for its single product. The following data are available: Actual experience for the current year Purchase of two (15,000 yende 513.00 Raw natural sed Dirbor (10.200510.00 ) Alle ovo Cela pred Standards per unit of product: 5195.000 13.000 5107.000 14,150 126 Raw materials Llyudes $15.00 yard Direct labor Oshows $9.50 per hour Variable verhad 500 per direct later how Compute the following variances for raw materials, direct labor, and variable overhead, assuming that the price variance for materials is recognized at point of purchase: a. Direct materials price variance b. Direct materials quantity variance c. Direct labor rate variance d. Direct labor efficiency variance e. Variable overhead rate variance . Variable overhead efficiency variance