The Burke Maracturing Company's costing em lactwo direct cont calepotie direct materials and dead matching labor Manufacturing whead tooth variable and fored) is abocaled to products on the basis of Standard deed manufacturing labor bours (UML) At the beginning of 2020, adopted the following standard for its manufacturing its (Click to view the standarde) Read the Data Table Data Table Requireme irecta Sect man had man Direct materials Direct manufacturing labor Variable manufacturing overtad Fixed manufacturing overhead Standard manufacturing cost per output onit Input 4th perib 6 111 perhe 55 per DMH 37 per DMH Cost per Output Unit 5 2000 00 3000 42.00 5 15800 The denominator velfortal manufacturing rehead w month in 2020.000 dead manufacturing labor hours flute's budget for Jonas 2020 was band on this denominador level The records for January indicated the following Direct materials purchased 29.800 lb55. 10 pelb Direct materials used 25.300 Direct manufacturing labor 15.200511 25 per Total actual manufacturing overhead variable and fixed) $625,000 Actual production 7200 output units Print Done Print Done mer any ne -ing 1. Prepare a schedule of total standard manufacturing costs for the 7,200 output units in January 2020. 2. For the month of January 2020, compute the following variances, indicating whether each is favorable (F) or unfavorable (U): a. Direct materials price variance, based on purchases b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Total manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance