Please answer Question 5 in Q1a) Q1b) Q1c) Q2) format! Thanks. Please write answer in bulk for each question please. Please answer to best of your ability. Thanks. Will give good rating.

Question 5 The Fort Company produces and sells a single product. The standard costs for the prime costs of its single product are as follows: Direct Material 6 kilograms 4 /kilogram Direct Labor 2 hours 15 /hour During May, the following actual activities occurred: Material purchased, 12,000 kilograms for 45,600; material used in the production of 2,000 units of product, 13,000 kilograms; direct labor, 3,500 hours costing 56,000. Required: (1) Compute the following variances: (a) material quantity variance. (b) labor rate variance. (c) labor efficiency variance. (6 marks) (2) Give one possible explanation for each of the 3 variances computed. (4 marks)