The Clarkson Company produces engine parts for car manufacturers. For 2015,The company expected to produce and sell 400 units for 2,000$ each .the standard cost of direct labor allowed for each unit of engine part was $800 (32Hour at $25per Hour) During 2015, actual number of units produced and sold was 370 for $2,100 each. Actual cost of direct labor used was 30 hour per unit at $28 per Hour. Required 1-calculate sales volume and flexible budget variances for the sales revenues 2-calculate the sales volume and flexible budget variances for the direct labor 3-caculate price and efficiency variances for the direct labor 4-give two possible reasons for efficiency variances of direct labor The Lopez Company uses standard costing in its manufacturing plant for auto parts., the budgeted output level for the year is 4,000 units,The standard machine hours allowed per unit of output is 6 machine-hours .the budgeted Variable manufacturing overhead rate is $8per hour and the budgeted fixed manufacturing overhead rate is $15 per hour. Actual output produced was 4,400 units. Variable manufacturing overhead incurred was $245,000. Fixed manufacturing overhead incurred was $373,000. Actual machine-hours were 28,400. required 1-calculate spending and efficiency variances for V.MOH 2-calculate sales volume variance for V.MOH 3-calculate spending and sales volume variances for F. MOH 4-explain your results in Requirement 3