please help me its due in 45 minutes PLEASE

Each finished guitar contains seven pounds of veneered wood. In addition, one pound of wood is typically wasted in the production process. The veneered wood used in the guitars has a standard price of $12 per pound. The other parts needed to complete each guitar, such as the bridge and strings, cost \$15 per guitar. The labor standards for Springsteen's two production departments are as follows: Construction Department 6 hours of direct labor at $20 per hour Finishing Department: 3 hours of direct labor at $15 per hour The following pertains to the month of July. 1. There were no beginning or ending work-in-process inventories in elther production department. 2. There was no beginning finished-goods inventory. 3. Actual production was 536 guitars, and 336 guitars were sold on account for $400 each. 4. The company purchased 6,450 pounds of veneered wood at o price of $12.50 per pound. 5 . Actual usage of veneered wood was 4,950 pounds of the wood purchased during July. 6. Enough parts (bridges and strings) to finish 636 guitars were purchased at a cost of $9,540. 7. The Construction Deportment used 3,075 direct-labor hours. The total direct-labof cost in the Construction Department was $58,425. 8. The Finishing Department used 1,678 direct-labor hours. The total direct-labor cost in that department was $26,848. 9. There were no direct-material variances in the Finishing Department. PR 10-47 (Algo) Part 3: Complete the following cost variance report... 3. Complete the following cost variance report for July Springsteen Company investigates all variances greater than $5,000 or 5%. (Use Exh bit10-5) Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e