Could you help with explanations.

Provide an explanation for each following variance you calculated.

1-Direct material price variance.

2-Direct material quantity variance.

3.Direct labor rate variance.

4.Direct labor efficiency variance.

5.Variable overhead spending variance.

6.Variable overhead efficiency variance.

7.Fixed overhead spending variance.

Stratton, Ltd. manufactures shirts, which it sells to customers for embroidering with various slogans and emblems. The standard cost card for the shirts is as follows. Direct materials $3 per ya rd 2 yards $6.00 Direct labor $14 per DLH 0.?5 DLH 10.50 Variable overhead $3.20 per DLH 0.?5 DLH 2.40 Fixed overhead $3 per DLH 0.75 DLH 2.25 $21.15 Sandy Robison. operations manager, was reviewing the results for November when he became upset by the unfavorable variances he was seeing. In an attempt to understand what had happened, Sandy asked CFO Suzy Summers for more information. She provided the fol lowing overhead budgets. along with the actual results for November. The company purchased 82.000 yards of fabric and used 93,700 yards of fabric during the month. Fabric purchases during the month were made at $2.30 per yard. The direct labor payroll ran $457,375, with an actual hourly rate of $12.50 per direct labor hour. The annual budgets were based on the production of 600,000 shirts. using 450,000 direct labor hours. Though the budget for November was based on 45,000 shirts. the company actually produced 42,500 shirts during the month. Variable Overhead Budget Indirect material $720,000 $1.20 $52,900 Indirect labor 450,000 0.75 31,400 Equipment repair 130,000 0.30 13,700 Equipment power 90,000 0.15 6,500 Total $ 1,440,000 $2.40 $ 104,500 Fixed Overhead Budget Annual Budget November-Actual Supervisory salaries $430,000 $37,200 Insurance 140,000 11,500 Property taxes 60,000 5,000 Depreciation 245,000 21,300 Utilities 225,000 18,000 Quality inspection 250,000 22,400 Total $1,350,000 $115,400 Direct material price variance $16,400 Favorable Direct material quantity variance $26,100 Unfavorable Direct labor rate variance $54,885 Favorable Direct labor efficiency variance $66,010 Unfavorable Variable overhead spending variance $12,588 Favorable Variable overhead efficiency variance $15,088 Unfavorable Fixed overhead spending variance $2,900 Unfavorable