pls help!!!thx

ABC Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor: Direct materials: 2 lb. at $7.50 per lb. $15.00 Direct manufacturing labor: 0.3 hour at $90 per hour $27.00 The number of finished units budgeted for January 2017 was 20,000; 15000 units were actually produced. Actual results in January 2017 were as follows: Direct materials used: 2.2 lb. x 15,000 = 33,000 lbs @ $7.00/lb. Direct manufacturing labor: 0.32 hrs x 15,000 = 4,800 hrs @ $9.5/hr Assume that there was no beginning inventory of either direct materials or finished units. The following data are for January 2017: Budgeted Actual Number of Lamp sold 20,000 units 15,000 Selling price / unit $80 $85 Variable cost per unit Direct material (2 lbs x $7.50 - $15) (2.2 lbs x $7 = $15.40) Direct labor (0.3 hrs x $90 - $27) (0.32 hrs x $95 - $30.40) Fixed cost $240,000 $240,000 During the month, materials purchased amounted to 40,000 lb. @ $7.00, at a total cost of $280,000. Input price variances are isolated upon purchase. Input-efficiency variances are isolated at the time of usage. age. Required: 1. Compute the Static-Budget variance, Flexible-Budget variance, and Sales-volume variance for January 2018 in the table below: Flexible Sales Budget Volume Static Actual Variances Flexible Variances Static Budget Results (2) =(1) - Budget (4) = (3) - Budget Variance (3) (5) (5) Units sold Revenue Variable costs DM DL Total variable costs Contribution margin Fixed costs Operating income 5 2. Compute the price and efficiency variances of direct material and direct manufacturing labor for January 2017 in the table below. Answer 1. DMPV 2. DMEV 3. DLRV 4. DLEV 3. Please provide 3 possible reasons for the material price variance and material efficiency variance