please answer QUESTION:1 variance analysis and please Follow the Answer format page 1 and page 2 .

Note: must follow the answer format page 1 and 2 and provide answer in exactly same format.

VARIANCE ANALYSIS Question 1 Xavier Company produces a single product Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The standard costs for one unit of product are as follows: Direct material: 6 ounces at $0.57 per ounce ........... $ 3.42 Direct labor: 1.8 hours at $10.50 per hour ............. 18.90 Variable manufacturing overhead: 1.8 hours at $5 per hour ..............9 Total standard variable cost per unit. .......... $31.32 During June, 8,000 units were produced. The costs associated with June's operations were as follows: Material purchased: 72,000 ounces at $0.66 per ounce .............. $47,520 Material used in production: 56,000 ounces ... Direct labor: 16,000 hours at $9.85 per hour .............................. $157,600 Variable manufacturing overhead costs incurred ......................... $83,200 Actual Fixed Overhead $308,000 Budgeted Fixed Overhead (50k machine hours x 6/hour) $300,000 Fixed Overhead Applied to WIP (40k machine hours X $6/hour) $240,000 REQUIRED: DM Rate and Quantity Variance, DL Rate, Efficiency and total variance, Variable Mfg Overhead Rate, Efficiency, and total variance, Fixed Overhead Budget, Volumne, and total variance SHOW ALL Work 3) Actual Standard Metrics Actual cost DL Actual cost DM ,440 70,200 Actual cost MFG Ovr. 38,880 Total Actual Cost 128,520 Variance 2,344 13096 6*.56 * 3.6 90 3.36 * 3.6 1,512 68688 1,8 x10.60 X3.6 5.832 33.048 19.08 x 36 1.8 x 5,10 x 3.6 14,668 113,832 4.18x316 Actual PU DM price variance - 35.70 31.62 Diff 4,08 x Quantity 3,600 - 14,688 - 1,296 Quantity Not Used x sp 4, 032 DM Quantity variance 2016 _ Total_7344 (6,120) 7,62 Total 1,512 DL Rate variance DL Efficiency variance Variable MFG Rate variance_ 2, 160 Variable MFG Efficiency variance 3,672 Total_5 832 Total variance 14.668 Total 1 Answer formata Page 1 ) AQ X AP AQ X SP AQ SP sa x SP d. 32H5 ,56 21.6 32.4 *.60 440 Purchased 51 Used 18, 1/44 /12,096 25 1296 25/22.56 DM Price Variance (14,112 awano molto 2016 AQP - AQU X SP- 7.7 .56 - 4,03 S - 9 0 % 32.4 - 29,2 AH X AR SH X SR 7,2 +973 6:48x10.60 AH SR /20,200 168,688 76,320 7,63 VDL Rato a 6120 7.2.10.40 Rate Variance Efficency Variance AH XAR SH X SR 54 AH X SR Gil 6.48 510 7.2x 7.2 xs 133048 138,880 36,720 2,160 ME 3, 672 MFG Overhead Rate Variance MFG Overhead Efficency Variance Actual Fixed Overhead Fixed Overhead Applied 240 308 Budgted Fixed Overhead 306 G Budget Variance 2 Volume Variance Total FO variance 68 . 308 Appled 240 Adul Ancuerh Answer roomat +5 Undu 68 Page 2