1.1 REQUIRED Use the first-in-first-out (FIFO) method to complete the table provided below for the stated transactions. (4 marks) INFORMATION The following transactions of Max Enterprises took place during August 2022 in respect of a component used in production: Tahla tn rnmnlata. 1.2 REQUIRED Use the information provided below to calculate the amount earned by Joan on 19 July 2022. (4 marks) INFORMATION Joan's normal wage is R360 per hour and her normal working day is 8 hours. The standard production time for each employee is 10 minutes per unit. On 19 July 2022, Joan's production was 60 units. Using the Halsey bonus system, a bonus of 50% of the time saved is given to Joan. 1.3 REQUIRED Use the information provided below to calculate the following variances. Each answer must indicate whether the variance is favourable or unfavourable. 1.3.1 Material quantity variance (4 marks) 1.3.2 Labour rate variance (4 marks) 1.3.3 Variable manufacturing overheads efficiency variance (4 marks)