need help with this asap please

Requirements 1. Prepare a flexible budget based on the actual number of recliners sold. 2. Compute the cost variance and the efficiency variance for direct materials and for direct labor. For manufacturing overhead, compute the variable overhead cost, variable overhead efficiency, fixed overhead cost, and fixed overhead volume variances. Round to the nearest dollar. 3. Have Juda's managers done a good job or a poor job controlling materials, labor, and overhead costs? Why? 4. Describe how Juda's managers can benefit from the standard costing system. Data table Data table Juda Recliners Flexible Budget Budget Amounts per Unit Actual Units (Recliners) Sales Revenue Variable Manufacturing Costs: Direct Materials Direct Labor Variable Overhead Fixed Manufacturing Costs: Fixed Overhead Total Cost of Goods Sold Next compute the efficiency variances. Select the required formulas, compute the efficiency variances for direct materials and direct labor, and identify whet favorable (F) or unfavorable (U). (Round your answers to the nearest whole dollar. Abbreviations used. AC= actual cost AQ= actuat quantity; FOH= fixed standard cost, SQ= standard quantity) Now compute the variable overhead cost and efficiency variances. Solect the required formulas, compute the variable overhead cost and efficiency variane each variance is favorable (F) or unfavorable (U). (Round your answers to the nearost whole dollar Abbreviations used: AC= actual cost: AAC= actual quar fixed overhead; SC= standard cost; SQ = standard quantity, VOH = varlable overhead) Requirement 3. Have Juda's managers done a good job or a poor job controlling materials, labor, and overhead costs? Why? The variances computed in Requirement 2 suggest that the managers have done a job controlling materials and labor costs. The direct materials cos variance and direct labor efficiency variance help ofliset the direct labor cost variance and direct materiak eficiency variance Maragers have done a job controtsing overhead costs as evidenced by the lact that of the overhead varlances are Requirement 4. Describe how Juda's managers can benefi from the standard costing system Standard costing helps managars do the following