Please answer all requirements.

Homework: Chapter 7 and 8 Homework Save Score: 0 of 20 pts 5 of 5 (0 complete) HW Score: 0%, 0 of 100 pts P8-44 (similar to) :3 Question Help The Barrett Manufacturing Company's costing system has two direct-cost categories: direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufacturing labor-hours (DLH). At the beginning of 2017, Barrett adopted the following standards for its manufacturing costs: (Click to view the standards.) (Click to view additional information.) - X Data Table Read the requirements Requirement 1. Prepare a schedule of total standard manufacturing costs for the 7,500 output units in January 2017. The denominator level for total manufacturing overhead per month in 2017 is 40,000 direct manufacturing labor-hours. Barrett's budget for January 2017 was based on this denominator level. The records for January indicated the following: Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Direct materials purchased Direct materials used Direct manufacturing labor Total actual manufacturing overhead (variable and fixed) Actual production 23,900 lb. at $4.10 per lb. 22,900 lb. 51,000 hrs. at $15.50 per Total $650,000 7,500 output units Requ ments Print Done - X Data Table Cost per 1. Prepare a schedule of total standard manufacturing costs for the 7,500 output units in January 2017 2. For the month of January 2017, compute the following variances, indicating whether each is favorable (F) or unfavorable (U): a. Direct materials price variance, based on purchases b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Total manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance Output Unit $ 12.00 Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Standard manufacturing cost per output unit Input 3 lb. at $4 per lb. 7 hrs. at $16 per hr. $7 per DLH 112.00 49.00 70.00 $10 per DLH $ 243.00 Print Done Print Done Enter any number in the edit fields and then click Check