What is the DM Quantity Variance? Please round your answer to the nearest whole dollar and indicate whether the variance is Favorable (F) or Unfavorable (U). For Chapter 8 Standard Costing Variances Questions: Unit Standards: DM 20.0 ft @ $ 16.00 foot $ 320.00 DL 18.0 hours @ $ 18.00 hour 324.00 II III 11 VOH 18.0 hours @ 144.00 $ 8.00 hour $ 12.00 hour FOH 18.0 hours @ 216.00 $ 1,004.00 Flexible Budget: 14,000 (70%) DM 280,000.0 ft $ 16.00 foot DL 252,000.0 hours $ 18.00 hour 4,480,000.00 4,536,000.00 2,016,000.00 VOH 252,000.0 hours a 8.00 hour FOH 252,000.0 hours @ $ 12.00 hour = 3,024,000.00 @ 16,000 (80%) DM 320,000.0 ft @ $ 16.00 foot 5,120,000.00 DL 288,000.0 hours @ is it is $ 18.00 hour 5,184,000.00 II II III VOH 288,000.0 hours @ 8.00 hour 2,304,000.00 FOH 3,024,000.00 18,000 (90%) DM 360,000.0 ft @ $ 16.00 foot 5,760,000.00 III DL @ $ 18.00 hour 324,000.0 hours 324,000.0 hours VOH 5,832,000.00 2,592,000.00 $ 8.00 hour FOH 3.024.000.00 18,000 (90%) DM = 360,000.0 ft $ 16.00 foot 5,760,000.00 DL = @ 11 324,000.0 hours $ 18.00 hour 5,832,000.00 VOH 324,000.0 hours @ $ 8.00 hour = 2,592,000.00 FOH = 3,024,000.00 Actuals: 16,000 DM 336,000.0 ft $ 16.50 foot = 5,544,000.00 DL 320,000.0 hours @ $ 17.50 hour = 5,600,000.00 VOH = 2,640,000.00 FOH II 3,520,000.00 i) Planned operation was at 70% of the productive capacity of 20,000 units. ii) Prepare DM, DL, VOH and FOH variance analyses