please help me with requirement 2

ALLI 204 VAP20Uruwe Laramie Gasper A 11/25/204156 AM Homework: Chapter 23 Homework Save Score: 766 of 36 pts 1 of 1 (1 complete) HW Score: 21 28%, 766 of 36 pts * P23-31B (similar to) Question Help Cole Recliners manufactures leather recliners and uses flexible budgeting and a standard cost system Cole allocates overhead based on yards of direct materials. The company's performance report includes the following selected data (Click the icon to view the selected data: Read the requirements Requirement 1. Prepare a flexible budget based on the actual number of recliners sold Round budget amounts per un to the nearest cant Cole Recliners Flexible Budget Budget Amounts per Unit 980 485 100 $ 495 00 5 Actual units (Recliners) Sales Raven Variable Manufacturing Costs Dwect Materials 5160 50.568 Choose from any mist or enter any number in the input fields and then click Cheder Car A CA 4. pare emaining 256 AM 11/2/ O TI Type here to search 1 of 1 (1 (W) P23-31B (similar to) Cole Recliners manufactures leather recliners and uses flexible budgeting and a standard cost system. Cole allocat- data: E (Click the icon to view the selected data.) Read the requirements. 980 $ 495.00 $ 485,100 Actual Units (Recliners) Sales Revenue Variable Manufacturing Costs Direct Materials Direct Labor Variable Overhead Fixed Manufacturing Costs Fixed Overhead 50.568 51.60 93.00 91.140 30.00 29.400 60.000 Total Cost of Goods Sold 231 108 S Gross Profit 253.992 Choose from any list or enter any number in the input fields and then click Check Answer parts remaining Clear All Type here to search WIRIU-581916956&questionid=1&flushed=false&cd=62682228.centerwin=yes ACCT 204 VA F20 (Growe) Laramie Gasper & 11/25/20 4:57 AM Homework: Chapter 23 Homework Save Score: 7.66 of 36 pts 1 of 1 (1 complete) HW Score: 21.28% 7.66 of 36 pts P23-31B (similar to) Question Help Cole Recliners manufactures leather recliners and uses flexible budgeting and a standard cost system Cole allocates overhead based on yards of direct materials. The company's performance report includes the following seleded data ER (Click the icon to view the selected data) Read the requirements Requirement 2. Compute the cost variance and the efficiency variance for direct materials and for direct labor For manufacturing overhead, compute the variable overhead cost, variable overhead efficiency, hixed overhead coat, and fixed overhead volume variances Round to the nearest dollar Begin will the cost variances Select the required foreruias compute the cost variances for direct materials and direct labor and identify whether each variance is favorable (F) or unfavorable (U (Round your answers to the nearest whole dollar Abbreviations used AC = actual cost AD actual quantity, FOH = fixed overhead SC standard cost sa standard quantity Formula Variance Direct materials cost variance TAC - SCAQ F229 F Direct labor cose variance TAC - SCAQ S 961 U Next compute the efficiency variances Select the required formulas, compute the efficiency variances for direct materials and direct labor and identify whethet each variance is favorable (F) or unfavorable (U) (Round your answers to the nearest whole dotar Abbreviations used AC = actual cost, Adacial quantity FOR fixed Overhead S0 = standard cast SQ = standard quantity Formula Variance Dkte materials afliciency variance AQSQ - SC Direct labor efficiency variance SO 7 Choose from any Tist or enter any number in the input fields and then click Check Answer Clear All Check Answer A parts remaining W ESTAM 12220 Type here to search 20 (Growe) Laramie Gasper & I work: Chapter 23 Homework 36 pts 1 of 1 (1 complete) HW Score: 21.28 1B (similar to) Data Table - X Qu manufactures leather recliners a any's performance report includes the fo icon to view the selected data) 7980 recliners) (1,000 recliners) 495,000 465,500 uirements 12. Compute the cost variance and Erhead volume variances Round to ost variable overhead efficiency, fixed ov 51.600 se cost variances. Select the require Ne dollar Abbreviations used. AC = or unfavorable (U) (Round your answers 51601 93,000 Sales (1.000 recliners x 5495 each) (980 recliners x 5475 each) Variable Manufacturing Costs: Direct Materials (6.000 yds @ 58.60/yd) (6.143 yds @ 58 40/yd.) Direct Labor (10.000 DLH@ 59 30 DLHO 19.600 DLH @ 39 40 DLHO Variable Overhead (6 000 yds @ $5.00 di (6. 143 yds @ $6.40 yder Fixed Manufacturing Costs Fixed Overhead Total Cost of Goods Sold 90 240 erials cost variance 30.000 cost variance 39 315 is favorable (F) or unfavorable (U) (Round y ute the efficiency variances Select the the nearest whole dollar Abbreviatio 62.000 60.000 234.600 260,400 243.156 5 222344 terlals efficiency variance Sor efficiency variance Done Print rom any list or enter any number in Check ANSWER Clear All 11:22 Type here to search