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q1.1 What is the total variance for direct labor? Use a positive number to indicate a favorable variance or a negative number to indicate an

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q1.1 What is the total variance for direct labor? Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance. As needed, round final calculations (i.e. each variance) to the nearest whole dollar.

q1.2 please describe a possible cause of the direct materials price variance. What specific follow-up action can be suggested?

q1.3 Please describe a possible cause of the direct labor quantity variance. What specific follow-up action can be suggested?

Required: A. Prepare (i.e. complete) the performance report above; speculate and describe a possible cause for each variance (except for direct materials and direct labor) and then suggest a specific follow-up action for each. B. In order to get a better control over the amounts spent on direct materials and direct labor, the company had previously implemented the following standards and achieved the corresponding results when 6,000 units were produced: Calculate the price and quantity variance for direct materials and direct labor; as needed, round final calculations (i.e. each variance) to the nearest whole dollar. C. Given your results to part B above, speculate and describe a possible cause for each price and quantity variance and suggest a specific follow-up action for each

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