Please Help answer the following questions.

Ch. 10 Hand-in Problems . Name 1. Yahoo Enterprises produces a single product. The standards for one unit of product are as follows: Direct material: 6 ounces at $0.50 per ounce Direct labor: 1.8 hours at $10 per hour The following actual information is for August: 2,000 units were produced Purchased 18,000 ounces of direct material at $0.60 per ounce Used 14.000 ounces in production Used 4,000 direct labor hours at an average wage of $9.75 per hour. Required: Compute the direct material and direct labor variances. 2. You are given the following information for XYZ Company: Actual quantity of direct labor = 5,000 hours Actual direct labor rate = $10 per hour Total direct labor variance = $8.600 Unfavorable Direct labor rate variance = $4,000 Unfavorable Standard hours allowed per unit produced = 2 hours Required: Find the following unknowns. a. Direct labor efficiency variance b. Standard rate per direct labor hour c. Actual quantity produced