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Helix Company produces costumes used in the television and movie industries. Recently the company received an ongoing order for Samurai robes to be worn in an upcoming Japanese historical action series made for television. The company uses a standard costing system to assist in the control of costs. According to the standards set for these robes, the factory has a denominator activity level of Bo direct labour hours each month, which should result in the production of 1950 robes. The standard costs associated with this level of production are as follows Directorial Dit labour Variable manufacturing overhead Feed facturing over Total Product 115,490 $10. $ 2,000 3. 5,340 1.20 54.680 $25.00 on direct labour hours During April the factory worked only 760 direct labour hours and produced 2.000 robes. The following actual costs were recorded during the month Permit Direct test (5.600 tree Direct Variable facturing overhead 3. Product 16,000 $100 5. $3,000 $4,600 2:12 $26.00 At standard, each robe should tege 2B metres of material. All of the materials purchased during the month were used in production At standard, each robe should require 28 metres of material. All of the materials purchased during the month were used in production Required Compute the following variances for Art The material police and quantity variances indicate the effect of unch varinnce by selecting *F* for favourable, "U" for unfavourable, and one for no effectile zero variance)) Man 2. The labour taste and efficiency variances indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and 'None for no effect fletero variance 2. The labour rate and efficiency vartances. (Indicate the effect of each vorionce by selecting "F" for favourable, "U" for unfavourable, and "None for no effect i.e., zero variance).) Latour rite variance Labour officiency variance 3. The variable manufacturing overhead spending and efficiency varlarroes, (Indicate the effect of each variance by selecting "F" for fovourable, "U" for unfavourable, and "None" for no effect (.e., zero variance).) Variable overhead spending variance Vanable overhead efficiency and 4. The fixed manufacturing overhead budget and volume variances. (Indicate the effect of each variance by selecting "P" for favourable, "U" for unfavourable, and "None" for no effect (ie, zero variance).) Fored overhead budget variance Food Overhead volume variance Helix Company produces costumes used in the television and movie industries. Recently the company received an ongoing order for Samural robes to be worn in an upcoming Japanese historical action series made for television. The company uses a standard costing system to assist in the control of costs. According to the standards set for these robes, the factory has a denominator activity level of 780 direct labour-hours each month, which should result in the production of 1,950 robes. The standard costs associated with this level of production are as follows: Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Total $ 35,490 $ 7,020 $2,340 54.680 Per Unat of Product $18.2e 2.60 1.20 2.60 $25.40 Based on direct labour-hours During April, the factory worked only 760 direct labour hours and produced 2.000 robes. The following actual costs were recorded during the months Direct materials (6,000 metres) Direct labour Variable manufacturing overhead Fixed manufacturint overhead Per Unit of Total Product $ 36,000 $18.00 57,600 3.80 $3,800 1.90 $4,600 2.30 $25.00 At standard, each robe should require 2.8 metres of material All of the materials purchased during the month were used in production At standard, each robe should require 2.8 metres of material. All of the materials purchased during the month were used in production Required: Compute the following variances for April: 1. The materials price and quantity variances. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (.e., zero variance).) Material price variance Matonal quantity variance 2. The labour rate and efficiency variances, (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (le, zero variance).) Labour rate vatanco Labour efficiency variance 3. The variable manufacturing overhead spending and efficiency variances. (Indicate the effect of ench variance by selecting "P" for favourable, "U" for unfavourable, and "None" for no effect (le, zero variance).) Variable overhead spending variance Variable overhead cancy in 4. The fixed manufacturing overhead budget and volume variances. (Indicate the effect of each variance by selecting "P" for favourable, "U" for unfovourable, and "None" for no effect (ie, zero variance)) Fixed overhead budoet variance Pxed overhead volume variance