Q11. Daisy World Group estimates that the standard material cost of producing one jumbo slingshot is $1.45 based on the usage of 0.725 board feet (b.f.) of 1' hard rock maple costing $2.00 per b.f. During March, Daisy manufactured 24,000 jumbo slingshots using all o the 20,000 b.t. of eed a maple purchased, costing a total of $39,200. Calculate the total materials variance, direct materials quantity variance, arid the direct materials price variance for March. Tota 1Quantity idPrice A. $6,000 favorable$5.200 favorable $800 favorable ,ujsono to B $4,400 favorable 5.200 favorable$800 unfavorable C. $6,000 unfavorable $5.200 unfavorable $800 unfavorable D. $4,400 unfavorable $5.200 unfavorable $800 favorable ot Q12. Financial data related to a company's unif prductin for the current month are as foilows Standard overhead hours for production of 15,000 units 20,000 Actual unit production Actual variable factory overhead Actual fixed factory overhead Standard unit total overhead cost per hour Standard fixed factory overhead per hour What is the company's variable overheads flexible budget variance? 15,000 $475,000 $50,000 $30 $3 itn A. $ 65,000 B. $125,000 C. ($ 70,000) D. ($25,000) Can you show the work/explain the process for solving these types of problems? For example, step 1 would usually be... step 2... etc. Really trying to understand how to approach these