Please see the problem in the picuter attached. Can you help with this problem?

(18 pts) 3. Catch 3 Wave Company manufactures surfboards. Its standard cost information follows: Standard Standard Price Standard Unit Quantity (Rate) Cost Fiberglass 15 sq. ft. $5 per sq. ft. $75.00 Direct labor 10 hrs $15 per hour 150.00 Variable manufacturing overhead $6 per direct labor hour 60.00 Fixed manufacturing overhead $8 per direct labor hour 80.00 The company expected to require 2,500 hours of direct labor. Catch a Wave has the following actual results for the month of June: Number of units produced and sold 260 Number of square feet of berglass used 4,100 Cost of berglass purchased (5,000 square feet) $24,500 Number of labor hours worked 2,550 Direct labor cost $39,525 Variable overhead cost $14,790 Fixed overhead cost $20,500 Required: at) Compute the eight variances that were discussed in class. 1)) Explain What these variances may be indicating