Actual direct materials used Actual direct labor used 35,280 lbs. at $6.00 per lb. 11,050 hours for a total of $230,945 66,000 Actual units produced Budgeted standards for each unit produced are 0.50 pound of direct material at $5.95 per pound and 10 minutes of direct labor at $21.90 per hour. AH = Actual Hours SH - Standard Hours AR = Actual Rate SR = Standard Rate AQ - Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price (1) Compute the direct materials price and quantity variances and classify each as favorable or unfavorable. (Indicate the effect of each verlance by selecting for favorable, unfavorable, and no varlance. Round "Cost per unit" answers to 2 decimal places.) (2) Compute the direct labor rate and efficiency variances and classify each as favorable or unfavorable. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and no varlance.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances and classify each as favorable or unfavorable. (Do not round intermediate calculations.) Actual Cost Standard Cost AQ AP s 0 s 0 $ Oo