EX $10-22,23($Algo$)$ Use the following information for the Exercises below.

Saskatchewan Can Company manufactures recyclable soft$-$drink cans. A unit of production is a case of $12$ dozen cans. The following standards have been set by the production$-$engineering staff and the controller.

Direct Labor:

Quantity, $0\mathrm{.}17$ hour

Rate, $$8\mathrm{.}50$ per hour

Direct Material:

Quantity, $8$ kilograms

Price, $$0\mathrm{.}44$ per kilogram

Actual material purchases amounted to $235,200$ kilograms at $$0\mathrm{.}50$ per kilogram. Actual costs incurred in the production of $24,000$ units were as follows:

Direct labor:

$$42,960$ for $4,800$ hours

Direct material:

$$101,400$ for $202,800$ kilograms

EX $10-22($Algo$)$ Part $1$: Use the variance formulas to compute the direct$-$material price and quantity variances...