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Direct naterialn (128,500 pounds e 33 . 30 per pound ) biretet Jaboin (28, abe hours p 534.20 per hour) AR=Acfual Rate SR = Standard

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Direct naterialn (128,500 pounds e 33 . 30 per pound ) biretet Jaboin (28, abe hours p 534.20 per hour) AR=Acfual Rate SR = Standard Rate AQ = Actuai Quantity SQ= Standard Quantity AP = Actual Price SP= Standard Price: (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate varlance and the direct labor efliciency variance. Complete this question by entering your answers in the tabs below. (1) Compule the direct materials picice and quantity variancesi. (2) Compute the direct labor rate vartance and the difect labor efticiency variance. Complete this guestion by entering your answers in the tabs below. Wariance, Round "Rote pher hour" answers to 2 decimal places.)

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