How to solve the variances on this problem

Instructions 1. We are analyzing 2 products - product X and product Y. . Product X requires 3 Part As and 4 Part B's. . Product Y requires 2 Part A's and 3 Part B's. . The standard cost for Part A is $12 per unit. . The standard cost for Part B is $24 per unit. . During this month, the company purchased 50,000 units of Part A for $587,500 (there was no beginning balance). . During this month, the company purchased 100,000 units of Part B for $2,500,000 (there was no beginning balance). . During the month the company produced 500 Xs and 1000 Ys. . During the month the company used 3550 units of Part A and 4975 units of Part B. . Factory payroll was $393,000 with 19,500 hours (this is actual - direct labor only). . X uses 12 standard direct labor hours. . Y uses 14 standard direct labor hours. . Labor standard cost is $20 per hour. hint: for production of both X and Y Questions 1-25: Suggestion: Use a scratch paper to solve all the variances first, then answer the questions. 2.Use the information given in Problem I. Use standard cost information for all calculations except as noted below.UPDATES AVAILABLE Updates for Office are ready to be installed, but first we need to close some apps. Update now K28 X V fx A B C D E G H K M UTA Price Use (quantity) 6 Part A Total Variance 9 IN 10 11 12 AQ AP AQ SP sQ SP 13 14 15 Price Use (quantity) 16 Part B 17 18 Total Variance 19 20 21 22 23 AH AR AH SR SH SR 24 25 26 DL Rate ( Labor P) Efficiecity ( labor q) 27 28 29 Total Variance 30 Sheet1 + Ready Type here to search O e 45 W X P