PLEASE ANSWEER BOTH PARTS, THEY GO TOGETHER!

4. Determine the spending variance using the following data. Shoo-Shu, Inc. uses the following direct material standard to manufacture king size mattresses: 15 pounds per mattress at $13.50 per pound. Last week, 8,000 pounds of material were purchased and used to make 550 mattresses. The total material cost was $111,360 Standard material = 15 lbs / mattress Standard rate = $13.50 / lb Actual units produced = 550 mattresses (unit) Actual material consumed = 8000 lbs Actual cost of materials = $111,360 Spending variance = 5. Determine the spending variance using the following data: Shoo-Shu, Inc. uses the following direct labor standard for its mattresses: 3.75 standard hours per mattress at $22.50 per hour. Last month, employees actually worked 2,100 hours for a total labor cost of $46,415 to make 550 mattresses. Spending variance =