Please help with this exercise.

This exercise es a comprehensive Problem - Point Value

2. FS BCU is a financi fee for processing loan applications. a loan application. For the first half dl institution that originates mortgage loans. The company charges a service This fee is set twice a year based on the cost of processing of the year, the bank estimated that it would process 360 orrespondence, credit reports, supplies and other materials that vary with each loarn re estimated to cost $ 45.00 per loan. The company hires a loan processor at an estimated to lease office space and pay utilities and other related cost is estimated to be $ 195,000 per 000 per year and an assistant at an estimated cost of $ 70,000 per year. The cost year. During the first six months of this year, FSBCU processed 384 loans. Cost of materials, credit reports and other items related to loan processing were 5% lower than expected for the volume of loans processed. The loan processor and her assistant cost $ 84,000 for the six months. Leasing and related office costs were $ 98,500 for the six months. Required Prepare an analysis of the variance for FSBCU Point Value 20 2. FSBCU is a financial institution that originates mortgage loans. The company charges fee for proc a loan application. For the first half of the year, the bank estimated that it would process 360 oans. Correspondence, credit reports, supplies and other materials that vary with each loan are estimated to cost $ 45.00 per loan. The company hires a loan processor at an estimated cost of s 90,000 per year and an assistant at an estimated cost of $ 70,000 per year. The cost to lease office space and pay utilities and other related cost is estimated to be $ 195,000 per year. a service essing loan applications. This fee is set twice a year based on the cost of processing During the first six months of this year, FSBCU processed 384 loans. Cost of materials, credit reports and other items related to loan processing were 5% lower than expected for the volume of loans processed. n processor and her assistant cost $ 84,000 for the six months. Leasing and related office costs were $ 98,500 for the six months. Required Prepare an analysis of the variance for FSBCu