8-15 Algo

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AR= Actual Rate SR= Standard Rate AO= Actual Quantity SQ=Standard Quantity AP= Actual Price 5P = Standard Price (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate and efficiency variances. Complete this question by entering your answers in the tabs below. Compute the direct materials price and quantity variances. (Indicate the effect of eoch variance by selecting favorable, unfavorable, or no variance.) (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate and efficiency variances. Complete this question by entering your answers in the tabs below. Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favo; variance.) (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate and efficiency variances. Complete this question by entering your answers in the tabs below. Compute the direct labor rate and efficiency variances. (Indicate the effect of each variance by selecting favorable