with formulas plz!

yen Number Styles . 2 Question 3 (18 marks) 4 March Inc. produces and sells one product. The budgeted (standard) cost for one unit follows: 000N 1000 UNWN Budgeted Cost per unit of output Direct materials 5 kg @ $1.50 per kg Direct Labour 4 hrs @ $15.00 per hour Factory overhead (allocated based on direct labour hours) Variable 4 hrs @ $5.00 per hour Normal activity per month 8,000 direct labour hours The actual data for the current month is: Units produced and sold 1,800 units Direct materials purchased 10,200 kg a $1.48 per kg Direct materials used 9,500 kg Direct labour costs for the month $122,100 Direct labour pay rate $16.50 per hour Actual hours 7,400 hours Total variable overhead costs $26,000 REQUIRED: Calculate the following variances. You must correctly identify the amount of the variances and if they are F (favorable) or U (unfavorable). (18 marks) Total variable overhead costs $26,000 REQUIRED: Calculate the following variances. You must correctly identify the amount of the variances and if they are F (favorable) or U (unfavorable) 1 (18 marks) m 2 1 Static Budget Variance 2 Flexible Budget Variance in 3 Sales Volume Variance B 4 Direct material rate variance 5 Direct material efficiency variance 6 Direct labour rate variance 7 Direct labour efficiency variance 8 Variable overhead rate variance 9 Variable overhead efficiency variance