Please answer the following questions from the attachement :

please answer if you are only 100% sure the answer is right

Answers should be answered within 75 minutes MAX

It can be hand written as long as it is clear.

you can submit if you have answers ready earlier

1)The following actual data was given for the firm.

8,000 pounds of material were purchased costing $ 40,000

Four hundred units were produced requiring 900 labor hours costing $4,500 and 1, 000 pounds of material . The standard for labor is 2 hours per unit with a wage rate of $3 per hour and for materials 2 pounds per unit at a price of $4 per unit.

A) - Calculate all labor variances

B) -- Calculate all material variances

C) - Write an analysis of how you would explain to management the meaning of the variance you calculated