Problem # $2$: Manufacturing Analysis at TechGadget, Inc.

TechGadget, Inc., renowned for its innovative electronic devices, operates under a standard cost system to maintain financial control and manufacturing efficiency. The company has provided excerpts of data concerning its flagship product for a specific accounting period. This data includes standard costs for materials, labor, and overheads, alongside the variances reported, giving insights into the company's operational performance.

$\backslash$table$[[,\backslash$table$[[1)$ Standard$],[$Quantity or Hours$]],\backslash$table$[[(2)$ Standard$],[$Price or Rate$]],$Standard Cost $(1)(2)$