X how to snapshot on windov 1 e Accounting question I cheg | + -) O | eztom.heoucation.com/hm.tpx Becton Lahs, Inc, pradiuces various chemcal compounds tor industrial use One campound, called Fludex is prepared using an elaborate dstillinrss The company has developed standard costs tor one unit of Fluxikcx, as fellows Standard Standard Quantity or Rate S22.00 per ounce $15.00 per hour S 2.50 per hour Cost Direct materials Direct labor Vanable manufactuning overhesd 0.80 hours 2.10 ounces 0.80 hours S 46.20 12.00 2.00 5 6020 During November, the tollowing actvity was recorded relative to production of Fluex a Matenals purchased, 10,5DD ounces at a cost ot S216,82 b Tere was no beginning inventory af materials, hawever, at the end of the mantn, ,5DD ounces ot material remained in ending inventory C. The company employs 20 lab technicians to work on the production of Fludex. During November, they wawked an average at 180 hours at an average rate ot S14.00 per hour d. Variable manufacturing overhead is assigned to Fludex on the basis of direct labor-hours. Variable manufacturing overmead costs during November totaled S7,000 e. During November, 3,700 good units of Fludex were produced Required: 1 For dircct materials a Campute the price and quantity vanances (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U"for unfavorable, and "None" for no effect [l.e, zero variancel.) Materials price variance Malerials quanity variarics