Question: please answer this question asap. 2. A company has calculated its unit standard cost for producing 8000 units as follows: Materials 12 kg per unit

please answer this question asap.
2. A company has calculated its unit standard cost for producing 8000 units as follows: Materials 12 kg per unit @ Tk.17 per kg Labor 7 hours per unit @ Tk.150 per hour Actual information about unit cost for producing 8000 units is as follows: Materials 14 kg @ Tk. 16.5 per kg Labor 7.25 hours @ Tk.160 per hour Calculate the following variances and comment: i) Total variance ii) material price riance iii) material usage variance iv) labor rate variance v) labor efficiency variance 2 3. The budgeted cost of a factory specializing in the production of a single product at the 50% capacity of 6400 units per annum amount Tk.176048 as detailed below: Fixed cost (Tk.) 20688 Variable costs (Tk.): Power 1440 Repairs 1700 Miscellaneous 540 Direct materials 49280 Direct labor 102400 Total 155360 Total budgeted cost 176048 Prepare the flexible budget for the production levels at 75% and 100%. Assuming the selling price per unit is maintained at Tk.80. Indicate the effect of different sale levels on net profit. Administrative, selling and distribution expenses continue Tk.6300
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