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pls help asap Wonderfull Not only did our salespeople do a good job in meeting the sales budget this year, but our production people did

pls help asap
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Wonderfull Not only did our salespeople do a good job in meeting the sales budget this year, but our production people did a good job in controlling costs as well" said Kim Clark, president of Martell Company. "Our $18,300 overall manufacturing cost variance is only 1.2% of the $1,525,000 standard cost of products made during the year. That's well within the 3% parameter set by management for acceptable variances. It looks like everyone will be in line for a bonus this year:" The company produces and sells a single product. The standard cost card for the product follows The following additional informabon is avallable for the year just completed a The company manufoctured 30,000 units of product during the year: b A total of 64,000 feet of material wos purchased dunng the year ot a cost of 58.55 per foot. All of this material was used to manufocture the 30.000 units produced. There were no beginning or ending inventorles for the yeat c. The company worked 43,500 direct labor hours during the year at a direct labor cost of $15.80 per hour d Overhead is applied to products on the basis of standard direct lobor hours. Dota relating to manufacturing overhead costs follow Required: 1. Compute the materials price and quantity variances for the year. 2. Compute the labor rate and efficiency variances for the year. 3. For manufacturing overhead compute: a. The variable overhead rate and efficiency variances for the year. b. The fixed overhead budget and volume variances for the year. (For all requirements, indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Answer is complete but not entirely correct

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