Meow Meow Manufactures Gourmet Cat Food The Company Actually Used 4,900 Kg of Tuna at a Manufactured

Meow Meow manufactures gourmet cat food. During the month, it manufactured 5,000 cans of tuna, using 0.10 hours of direct labour per can at a rate of $8.00 per hour. The materials and labour standards for manufacturing the cans of tuna are as follows: $\begin{array}{lr}\text { Direct materials (1 kg of tuna } @ \$ 0.50 \text { per kilogram) } & \$ 0.50 \\\text { Direct materials (1 can }(@\$ 0.35 \text { per can) } & 0.35 \\\text { Direct labour }(0.20 \text { hour }@\$7 .00 \text { per hour) } & 1.40\end{array}$ The company actually used 4,900 kg of tuna at a price of $0.65 per kg. It also purchased 5,000 cans at a price of $0.45 per can.
Required:
A. Determine the total materials price variance and whether it is favourable or unfavourable.
B. Determine the materials usage variance for tuna and whether it is favourable or unfavourable.
C. Determine the labour rate variance and whether it is favourable or unfavourable.
D. Determine the labour efficiency variance and whether it is favourable or unfavourable.
E. Make all necessary journal entries to record the purchase of materials, the issuance and usage of materials, and the direct labour variances.
F. Provide the closing entries, assuming that all variances are immaterial.