Would like to know if the variance are calculated correctly? I need some to help with the favorable and unfavorable. thank you.

7 8 9 10 INSTRUCTIONS: Prepare the variances and identify whether they are favorable or unfavorable The below website will provide further assistance with variances: http://accounting-simplified.com/management/variance analysis/material/price htm 12 DATA FOR VARIANCE ANALYSIS: Standard Standard Rate Actual Hours / Qty Actual Rate 14 16 18 19 20 21 Hours/Qty 150 S 1/000 S 12.00 180 S 11.50 Grooming Labor Grooming Materials 2.00 1,200 $ 3.00 Favorable/ Unfavorable Variance 23Groomer Direct Labor Time Variance 24 25 26 27 360.00 Actual Hours Standard Hours) x Standard Rate Groomer Direct Labor Time Varlance Actual Rate Standard Rate) x Actual Hours 28 29 30 31 :32 Groomer Direct Labor Time Variance Actual Quantity- Standard Quantity) xStandard Price Groomer Direct Labor Time Varlance (Actual Price - Standard Price) x Actual Quantity 34 36 37 38 39 40 41 Contribution Margin Analysis Break-Even Analysis Instructions 4Variable Fixed Instructions-Milestone2 Ready