i need someone to explain how to do this. my professor can't do it where i understand it. please and thank you in advance

EMS Problem 9.28 Standard Costs, Decomposition of Budget Variances, Direct Materials and Direct Labor Haversham Corporation produces dress shirts. The company uses a standard costing system and has set the following standards for direct materials and direct labor (for one shirt) Fabric (1.5 yds.@ $2.80) Direct labor (1.1 hr.@ $20) Total prime cost $ 4.20 22.00 $26.20 During the year, Haversham produced 9,800 shirts. The actual fabric purchased was 14,600 yards at $2.74 per yard. There were no beginning or ending inventories of fabric. Actual direct labor was 10,900 hours at $19.60 per hour Required: 1. Compute the costs of fabric and direct labor that should have been incurred for the produc- tion of 9,800 shirts. 2 4140 0022ZIS 2. Compute the total budget variances for direct materials and direct labor. 3. Break down the total budget variance for direct materials into a price variance and a usage variance. Prepare the journal entries associated with these variances. 4. Break down the total budget variance for direct labor into a rate variance and an efficiency variance. Prepare the journal entries associated with these variances Problem 9.29 Overhead Application, Overhead Variances, Journal Entries Plimpton Company produces countertop ovens. Plimpton uses a standard tandard costing system relies on direct labou l