A manufacturing company's standard and actual coses per unit for the most recent period, during which 770 units were produced, are given below: There was no inventory of materials at the beginning orend of the period Standard Actual Quantity/Time Price/Rate Cost Quantity/Time Price/Rate Cost Materials: 4.5 pounds $11.20 per pound $50.40 3 pounds $11.80 per pound $35.40 Direct labour: 5 hours $13.00 per hour 565.00 4.5 hours $12.00 per hour $54.00 $1.60 per Variable manufacturing overhead: 5 hours $2,10 per hour $10.50 45 hours 57:20 hous Total unit cost: $125.90 $96.60 From the above information compute the following variances. Show whether the variance is favourable (F) or unfavourable (U) Input all numbers as absolute (ie, positive) numbers. Round your numbers to the nearest dollar. (1/2 marks each 6 marks total) a. Materials price variance: 192 Favourable Unfavourable b. Materials quantity variance! b. Materials quantity Variance 997 Favourable Unfavourable c. Direct labour rate variance: Favourable Unfavourable d. Direct labour efficiency variancer 2 Favourable Unfavourable 2. Variable manufacturing overhead spending variance Favourable Unfavourable 1. Variable manufacturing overhead efficiency variance Favourable 0 Untavourable