Duling May the company inciated the following actual costs to produce 9,000 units oinect materlals (138, 0we poumat in 53.23 per pound) Direct Iabor \{31, a0e nour is $15,20 per hour? 3517,560465,160 AR-ActuolRateSA-StandardRale:AQ=ActualQuartitySQ=StandardCuaritityAP=ActualPriceSP=StandardPhice (7) Computt the direct materials ptice and quaritity variances (2) Compite the dircert inbot:tate variance and the direct labor efficiency wariance Caenplete this question by enterind your answers in the tabs below. 4inition ARActhinRate5R=StanctardRatiMe*Ac7anlZuantilySC-StampardGuaritityA)3=ActiasPrine5.-StantardPrice (1) Compufe the duect inaterielu price and quantity variances (2) Compelte the divect labor fole vorance and the diroct Labor efichency wariance. Cremelete this guestion by enterine your answers in that tabs below. AQ-ActualQuantitySQ-StandandQuintityAP-ActualPliceSP-StnndardPrice (7) Compute the direct materials price and quantily woriances (2) Compute the direct labar rate variance and the direct laboc efficiency variance. Consplete this gucetion ty entering your answers in the tabs below. Compute the dited laboar rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable. infaboratile, oc no variance Ranund "Ratie per hour" answers to 2 deomal places.)