the questions are:

1A Prepare the material purchase price variance 1B Based on your answer explain the impact

on the product cost on the income

2A Prepare the material usage variance 2B Explain why (sometimes) a favorable usage variance may cause issues with the product.

3A Prepare the labor rate variance

4A Prepare the labor efficiency variance 4B Based on your answer explain the impact

on the product cost on the income

AutoSave . OFF Accounting - Saved to my Mac Q Q v Home Insert Draw Page Layout Formulas Data Review View Share Comments Calibri (Body) 12 ab Wrap Text General Insert v x Delete Paste BI UV A Merge & Center v $ Conditional Format Cell Formatting as Table Styles Format v Sort & X v Find & Ideas Filter select N26 X v fx M W AA AB AC AD AE Budget or standard information Male Female Standard material used for each vest Liner 9. 7.0 yards Filler 5.2 4.0 pounds Standard direct labor hours for each vest 0.4 hours Estimated planned production 6,200 5,000 Units Standard labor rate $14.00 per hour Standard material cost Liner $8.00 per yard Filler $2.00 per pound Actual information Male Female Actual units produced 5 ,800 4,400 Actual labor hours worked 2,800 1,825 Actual labor rate $14.50 $14.70 Actual material purchased Liner 85,100 yards Filler 48,000 pounds Actual material cost per item Liner $8.20 Per yard Filler $1.90 Per pound Required 1A Prepare the material purchase price variance 1R Based on your answer explain the impact on the product cost on the income ZA Prepare the material usage variance Explain why (sometimes) a favorable usage variance may cause ssues with the product. 3A Prepare the labor rate variance Prepare the labor efficiency variance Based on your answer explain the impact on the product cost on the income Available resources, Excel worksheet from class, recording, textbook Sheet1 70%