Note this question continue the previous WQL questions: Part 3: Regardless of what your answer is for part 2, assume the company had unfavorable LEV. Indicate which manager (if any) is probably most responsible for this variance, Also which manager(s) could plausibly have secondary" responsibility and why? Responsibility for LEV? P-primary responsible S-Secondary Responsible N-Unlikely to be responsible Explanation [choose a code from the dropdown menu] Note: the explanation of the code is below this table Manager of Purchasing department Department that runs the tests Equipment Maintenance Department Note 1: Code for Explanation: O: Not responsible (choose this if N was entered for responsibility" 1: Equipment breakdowns result in incurrence labor at overtime rate 2: Did not use activity-based costing 3: direct responsible for choosing and scheduling labor 4: May purchase inferior materials requiring use of labor at overtime rates 5: allocate cost based on financial statements 6: direct responsible for prices 7: May purchase inferior materials requiring the incurrence of more labor 8. cause rush orders due to poor planning of operations 9. equipment breakdown result in extra labor or materials needed. Note this question continue the previous WQL questions: Water Qual Labs (WOL) performs water quality testing for organizations such as Parks Canada. WQL. charges $26 per test. The direct costs of a test consist of the testing materials (a kit purchased at a cost of $4 per kit) and direct labour (the time to perform the test, which is 0.2 hours). The standard wage rate for the technicians performing the test is $25 per hour. WQL's static budget is based on a forecasted volume of 12,000 tests. The budgeted variable overhead cost for this volume is $54,000 and the budgeted fixed overhead cost also at this volume is $72,000. Overhead is applied on the basis of direct labor-hours and the rates are derived from the static budget volume. During 2013, #13 200 tests were performed. The following data was observed related to the tests performed: Cost item Activity Actual cost Test Kits purchased 14,000 $57,400 Test kits used 13,700 $ 56,170 Direct labor 2,904 hours $ 69,696 Variable overhead $ 48,000 Fixed overhead $ 72,000 Part 2: Determine the following variances, for each variance, Pls. indicate: 1) the amount of the variance (Pls.round your answer to the nearest dollad: 2) If the variance is Favorable or Unfavorable (use For U): es. Boxi: 1500 Box2: F DM: Price variance (MPV) DM: Quantity variance (MOM DL: Rate variance (LRV) DL: Efficiency variance (LV) Note this question continue the previous WQL questions: Part 3: Regardless of what your answer is for part 2, assume the company had unfavorable LEV. Indicate which manager (if any) is probably most responsible for this variance, Also which manager(s) could plausibly have secondary" responsibility and why? Responsibility for LEV? P-primary responsible S-Secondary Responsible N-Unlikely to be responsible Explanation [choose a code from the dropdown menu] Note: the explanation of the code is below this table Manager of Purchasing department Department that runs the tests Equipment Maintenance Department Note 1: Code for Explanation: O: Not responsible (choose this if N was entered for responsibility" 1: Equipment breakdowns result in incurrence labor at overtime rate 2: Did not use activity-based costing 3: direct responsible for choosing and scheduling labor 4: May purchase inferior materials requiring use of labor at overtime rates 5: allocate cost based on financial statements 6: direct responsible for prices 7: May purchase inferior materials requiring the incurrence of more labor 8. cause rush orders due to poor planning of operations 9. equipment breakdown result in extra labor or materials needed. Note this question continue the previous WQL questions: Water Qual Labs (WOL) performs water quality testing for organizations such as Parks Canada. WQL. charges $26 per test. The direct costs of a test consist of the testing materials (a kit purchased at a cost of $4 per kit) and direct labour (the time to perform the test, which is 0.2 hours). The standard wage rate for the technicians performing the test is $25 per hour. WQL's static budget is based on a forecasted volume of 12,000 tests. The budgeted variable overhead cost for this volume is $54,000 and the budgeted fixed overhead cost also at this volume is $72,000. Overhead is applied on the basis of direct labor-hours and the rates are derived from the static budget volume. During 2013, #13 200 tests were performed. The following data was observed related to the tests performed: Cost item Activity Actual cost Test Kits purchased 14,000 $57,400 Test kits used 13,700 $ 56,170 Direct labor 2,904 hours $ 69,696 Variable overhead $ 48,000 Fixed overhead $ 72,000 Part 2: Determine the following variances, for each variance, Pls. indicate: 1) the amount of the variance (Pls.round your answer to the nearest dollad: 2) If the variance is Favorable or Unfavorable (use For U): es. Boxi: 1500 Box2: F DM: Price variance (MPV) DM: Quantity variance (MOM DL: Rate variance (LRV) DL: Efficiency variance (LV)