Question: Show me the steps to solve QUESTION 3 3 . 1 A company producing wooden blinds has the following information associated with its manufacturing process

Show me the steps to solve QUESTION 3
3.1 A company producing wooden blinds has the following information associated with
its manufacturing process for June 2023:
Output 5000 units
Standard price of material R200 per Kg
Standard quantity of material 4 kg per blind
Standard labour 4 hours per unit @ R100 per labour hour
Standard variable manufacturing
overheard
2 machine hours per unit @ R65 per
machine hour
Actual price of material R220 per Kg
Actual quantity of material 3 kg per blind
Actual labour 3.5 hours per unit @ R120 per labour hour
Actual variable manufacturing overheard 3 machine hours per unit @ R65 per
machine hour
Determine the following variances and state whether it is favourable or
unfavourable.
3.1.1 Total direct material variance, utilize the following format. (4)
3.1.2 Total direct labour variance, utilize the following format. (7)
3.1.3 Total variable overhead variance, utilize the following format. (7)
[18]

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