need both parts!

Ayala Corporation accumulates the following data relative to jobs started and finished during the month of June 2022. Overhead is applied on the basis of standard machine hours. Three hours of machine time are required for each direct labor hour. The jobs were sold for $400,000. Selling and administrative expenses were $40,000. Assume that the amount of raw materials purchased equaled the amount used. Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit values to 2 decimal places, e.8. 52 and final answers to 0 decimal places, e.g. 52.) (1) Total materials variance Materials price variance Materials quantity variance (2) Total labor variance Labor price variance Labor quantity variance $1260 $1260 $5670 $ Unfavorable Unfavorable Unfavorable Unfavorable Unfavorable Favorable Prepare an income statement for management. (Ignore income taxes.) (Round per unit values to 2 decimal places, e.g. 52.75