Can you please explain why it favorable and unfavorable. thank you.

P 9-A Variance Analysis (In Class) Pear Company is a manufacturing firm that specializes in the production of a single product. Overhead is applied based on direct labor hours. Standard Cost Card (budget for one unit) The standard cost card shows the manager what the final manufactured cost should be for the company's product. Standard Standard Quantity Price Standard or Hours or Rate Cost Direct Materials 3.5 feet $ 6 $ 21 Direct labor 2.0 hours 18 36 Variable overhead 2.0 hours X 4 8 Total standard cost per suit $ 65 5,000 $108,000 Variance Analysis - A variance is the difference between standard price and quantities, and actual prices and quantities. The following actual production data is available: Number of products completed Cost of materials purchased (20,000 feet @ $5.40) Feet of material used 20,000 Cost of direct labor (10,500 hours @ $20) $210,000 Cost of variable overhead 40,950 Compute the following: Material price variance Material quantity variance Labor rate variance Labor efficiency variance Variable overhead rate variance