need help with 1 and 2

cach Flex Bud Var, for Op. Inc 531,040 F uct at a unit price of $9.50. Actual sales for the year were 14,600 units at $12.00 Variable costs were budgeted at $2.00 per unit, and actual variable costs were $2.10 per buted Prepare Marshall's flexible budget performance report. What variance conti most to the year's favorable results? What caused this variance? arning Objecti E23-18 Defining the benefits of setting cost standards and calculating materials and labor variances Murry, Inc. produced 1,000 units of the company's product in 2018. The standard quantity of direct materials was three yards of cloth per unit at a standard cost of S1.35 per yard. The accounting records showed that 2,500 yards of cloth were used and the company paid $1.40 per yard. Standard time was two direct labor hours per unit at a standard rate of $10.00 per direct labor hour. Employees worked 1,700 hours and were paid $9.50 per hour Requirements 2. DM Eff Var $675 F 1. What are the benefits of setting cost standards? 2. Calculate the direct materials cost variance and the direct materials efficiency vari- ance as well as the direct labor cost and efficiency variances