Please complete the ENTIRE problem

Requirement 1. Prepare a schedule of total standard manufacturing costs for the 8,400 output units in January 2017 . Requirements 1. Prepare a schedule of total standard manufacturing costs for the 8,400 output units in January 2017. 2. For the month of January 2017, compute the following variances, indicating whether each is favorable (F) or unfavorable (U): a. Direct materials price variance, based on purchases b. Direct materials efficiency variance c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Total manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance