solve 1) a) b) c) and d) using the info below

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 Standard Actual Cost per Cost per Unit Unit Direct materials: Standard: 1.80 feet at $1.00 per foot $ 1.80 Actual: 1.75 feet at $1.40 per foot $ 2.45 Direct labor Standard: 0.90 hours at $15.00 per hour 13.50 Actual: 0.95 hours at $14.60 per hour 13.87 Variable overhead: Standard: 0.90 hours at $6.00 per hour 5.40 Actual: 0.95 hours at $5.60 per hour 5.32 Total cost per unit $20.70 $21.64 Excess of actual cost over standard cost per unit $0.94 The production superintendent was pleased when he saw this report and commented: "This $0.94 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 10,000 units. Variable overhead cost is assigned to products on the basis of direct labor-hours. There were no beginning or ending inventories of materials. How much of the $0.94 excess unit cost is traceable to each of the variances computed in (1) above. (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. Round your answers to 2 decimal places.) S 0.700 0.05F 0.65 U 0.38 F Materials: Price variance Quantity variance Labor: Rate variance Efficiency variance Variable overhead: Rate variance Efficiency variance Excess of actual over standard cost per unit 0.750 0.37 (U 0.38 F 0.30 U 0.08 F $ 0.94 U 1) Koontz Company uses a Flexible budget that is prepared using standards. May's Planning" production was expected to be 10% less than their actual production. (Actual production times 90%). Koontz's Company sales price is $45 per unit and their inventory levels were consistent from the beginning to the end of the month. Please show your work/calculations here. a) When Inventory levels are unchanged, what does this tell you about the relationship between production levels and sales levels? Answer in full sentence. b) How many units did Koontz Company plan for in their Planning Budget for May? c) What was their Planning budgeted revenue in dollars? d) What is their "flexible budgeted revenue for the number of units produced (CONNECT)