A) Super Ltd is involved the production of 350 units of product XoXo. The total standard and actual costs for materials and direct labor on this job are shown below: Standard Actual $2,343.75 $2,502.50 Direct materials: Standard: 625 pounds @, $3.75 per pound Actual: 650 pounds @, $3.85 per pound Direct labor: Standard: 315 hours @, $12 per hour Actual: 295 hours @, $13 per hour $3,780 $3,835 Compute the Material Price Variance, Material Quantity Variance, Labor Rate Variance and Labor Efficiency Variance highlighting for each whether it is Favorable or Unfavorable