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Ch23 Case Study Assignment - Part 3 Problem One: Yellowstone, Inc. has prepared the following standard cost sheet for one unit of the product Direct materials (5 pounds at $450 per pound) $22.50 Direct labor 12 5 hours at $10.00 per hour) 525 00 During the month of November, the company manufactures 1,500 units and incurs the following actual costs Direct materials purchased and used (8,000 pounds) $32,000 Direct labor 43,000 hours) $27.000 Instructions: Compute the total price and quantity variances for materials and labor. Total Favorable or Unfavorable ( AAP) (SSP) Direct Material Variances Total Direct Material Variance Total Favorable or Unfavorable (AQXAP) (AQSP) Direct Material Price Variance Total Favorable or Unfavorable (AQSP) (SQSP) Direct Material Quantity Variance Total Favorable or Unlavorshle SHX SR) TAHAR) Direct Labor Variances Total Direct Labor Variance Total Favorable or Unfavorable (AHAR) AHSR Direct Labor Price Rate) Variance Total Favorable or Unfavorable IAH SR) SHSR) Direct Labor Quantity Variance 2. Instructions for posting (200 to 300 words - 60pts): Important: Please review this Ch23 ppt presentation >>>>> a Ch23 Balanced Scorecard Strategy Tip:This Ch23 Balanced Scorecard Strategy power point lecture provides examples and descriptions to help students to write your posting and reply. a. Describe and compare your company's financing activities for your company from 2019 to 2020 by analyzing the change in their loans, issuing common stock, and paying dividends on the statement of cash flows for these years. Make sure to explain how the impact of the Covid-19 pandemic affected your company's financing decisions from 2019 to 2020. Due to the impact of the Covid-19 pandemic, describe if you company increased or decreased its loans, issuing common stock, and paying dividends on the statement of cash flows from 2019 to 2020 b. Describe a new service or product that you would recommend for your company to offer to its customers due to the impact of the COVID-19 pandemic. Explain how your new service or product would potentially bring value to the company's creditors by repayments of loans and/or to their stockholders with additional payments of dividends). What are the advantages and/or disadvantages of debt financing (taking out loans) versus equity financing issuing stock) for the company once the Covid-19 pandemic is over? Upload and attach your completed excel file to your posting, 3. Instructions for Reply to another student (100 to 200 words - Opts); ho

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