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Need this answered in exce and with proper formatting. Thanks Q3) Material and Labour Variances The direct materials and direct labour standards for one bottle

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Need this answered in exce and with proper formatting.

Thanks

Q3) Material and Labour Variances The direct materials and direct labour standards for one bottle of Clean-All spray cleaner are given below: Standard Cost Standard Quantity Standard Price or Hours or Rate 5.0 millilitres $0.30 per millilitre 0.4 hours $ Direct materials $1.50 Direct labour 12.00 per hour $4.80 During the most recent month, the following activity was recorded: a. 28,000 millilitres of material was purchased at a cost of $0.25 per millilitre b. All of the material was used to produce 3,000 bottles of Clean-All C. 675 hours of direct labour time was recorded at a total labour cost of $8,100. Required: 1. Compute the direct materials price and quantity variances for the month. 2. Compute the direct labour rate and efficiency variances for the month. (Indicate each variance as "F" for favourable or "U" for unfavourable). O 9 w A 14 15 19 f10 X Woo A

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