ASM's standard and actual costs per unit for the first quarter of 2020, during which 400 units were actually produced, are given below Standard Actual Materials: Standard 2 metres a $1.50 per m Actual 2.1 metres at $150 per m $3 od $3.36 Direct labour 9.00 9.10 Standard 1.5 hrs at $6.00 per le Actual 14 hrs at $6.50 per hur Variable overhead: Standard: 15 hrs at $3.40 per te Actual 1.4 hrs at $3.10 per Total un cost 5.10 4.34 $10.00 $17.10 There were no inventory of materials at the beginning or end of the period From the above information, compute the following variances (in 2 decimal places) and denote For U for Favorable or Untavorable a) Materials price variance Favorabe or Unfavorable b) Materials quantity variance $ Favorabe or Unfavorable 5 c) Direct labour rate variance $ Favorabe or Unfavorable d) Direct labour efficiency variance $ Favorabe or Unfavorable e) Variable overhead spending vanance Favorabe or Unfavorable