Question: PLEASE HELP ASAP !!! I cannot seem to figure out the correct value in required #2. Please answer correctly and show work WILL LIKE AND

PLEASE HELP ASAP !!!
I cannot seem to figure out the correct value in required #2. Please answer correctly and show work
WILL LIKE AND UPVOTE !!!
 PLEASE HELP ASAP !!!I cannot seem to figure out the correct
value in required #2. Please answer correctly and show work WILL LIKE
AND UPVOTE !!! Answer is complete but not entirely correct. Complete this
question by entering your answers in the tabs below. 1a. Compute the

Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. 1a. Compute the foliowing variances for May, materials price and quantity variances. 1b. Compute the following variances for May, labor rate and efficiency variances. 1c. Compute the following variances for May, variable overhead rate and efficiency variances. (Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance), Input all amounts as positive values.) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. How much of the $0.58 excess unit cost is traceable to each of the variances computed in requirement 1 . (Indicate the effect of each variance by seiecting " F " for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Round your answers to 2 decimal places.) (3) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. How much of the $0.58 excess unit cost is traceable to apparent inefficient use of labor time? (Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (I.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations. Round your final answers to 2 decimal places.) Koontz Company manufactures a number of products. The standards relating to one of these products are shown below; along with actual cost data for May. The production superintendent was pleased when he saw this report and commented: "This $0,58 excess cost is well within the 5 percent limit management has set for acceptable variances. It's obvious that there's not much to worry about with this product:" Actual production for the month was 10,500 units. Variable overheod cost is assigned to products on the basis of direct tabor-hours. There were no beginning or ending inventories of materials. Required: 1. Compute the following variances for May: a. Materials price and quanty variances. b. Labor rote and efficiency variances. c. Variable overhead rate and efficiency variances. 2. How much of the $0.58 excess unit cost is traceable to each of the variances computed in requirement 1 . 3. How much of the $0.58 excess unit cost is traceable to apparent inefficient use of labor time

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