use data above in #3

\#3: Anderson Corporation Anderson Corporation has provided the following budgeted information for February 2023 for its planning budget and standard cost card: 0/ month Each unit produced requires 6 pounds of direct materials, 2 hours of direct labor, and the company bases its manufacturing overhead on Direct Labor hours. During February, Anderson Corporation produced and sold 2000 units at a selling price of $75/unit. A) Prepare a Standard Cost Card (see page 403) B) Prepare a Planning Budget at 2000 units C) Prepare a Flexible Budget for any number of units \#4: Anderson Corporation (use the date above in \#3) For the month of February, the company produced 2000 units as planned. It actually used11,900 pounds of direct material that cost $1.15/ pound. Workers actually worked 4200 hours at a rate of $14.50/ hour. Variable manufacturing overhead actually was $7800. Fixed Selling and Administrative actually was $10,000. A) Calculate Materials Quantity Variance B) Calculate Materials Price Variance C) Calculate Labor Efficiency Variance D) Calculate Labor Rate Variance E) Calculate Variable Overhead Efficiency Variance F) Calculate Variable Overhead Rate Variance Show your formulas for \#4. Label each of the items A thru F as being either Favorable or Unfavorable variances