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PLEASE HELP FAST FOR EXAM DIRECT MATERIAL AND LABOR VARIANCES Standard Accounting system is applied in the cost control of the electric supplies production.Periodical financial

PLEASE HELP FAST FOR EXAM DIRECT MATERIAL AND LABOR VARIANCES
Standard Accounting system is applied in the cost control of the electric supplies production.Periodical financial information for a period are given below:
Direct Material: standard price 300$Kg., actual price 310$Kg.
Standard quantity 5KgU, actual quantity 4,5KgU.
Direct Labor: standard rate 100$/DLH, actual 98$/DLH.
Standard time 8 DLH, actual 9 DLH.
Actual production quantity 200 Units
Compute the Direct Material and Direct Labor variances on double variance system.
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