A manufacturing company's standard and actual costs per unit for the most recent period, during which 240 units were produced, are given below: There was no inventory of materials at the beginning or end of the period. Standard Actual Quantity/Time Price/Rate Cost Quantity/Time Price/Rate Cost Materials: 6.25 pounds $11.00 per pound $68.75 7.25 pounds $10.40 per pound $75.40 Direct labour: 3 hours $13.20 per hour $39.60 3.5 hours $13.40 per hour $46.90 $2.10 per $1.70 per Variable manufacturing overhead: 3 hours $6.30 3.5 hours $5.95 hour hour Total unit cost: $114.65 $128.25 From the above information, compute the following variances. Show whether the variance is favourable (F) or unfavourable (U). Input all numbers as absolute (i.e. positive) numbers. (1/2 marks each - 6 marks total) a. Materials price variance: Number Favourable Unfavourable b. Materials quantity variance: Number Favourable Unfavourable c. Direct labour rate variance: Number O Favourable O Unfavourable d. Direct labour efficiency variance: Number Favourable Unfavourable e. Variable manufacturing overhead spending variance: Number O Favourable O Unfavourable f. Variable manufacturing overhead efficiency variance: Number O Favourable