Header Questions: Duracell company's standard and actualcosts per unitare provided below forthe most recent pe nod. During this period, 400 units were actually produced. Product Product Standard Cost ActualCost Materials Me tres Unit Price per me te Standard 7.6 $220 $16.72 Actual 78 $210 $16 Direct labour HOUS Hourly rate Standard 5 $15.00 $75.00 Actual 49 $15.10 $7399 Variable overhead Hours Hounty Pate Standard 25 $300 $750 Actual 24 $310 57.44 Total unit cost $99.22 $97.81 Prequired: Given the information above, compute the followirg variances. Abo indicate if the variances are favorable or unfavorable. 1. Materials price variance 2. Materials quantity variance 3. Direct labour rate variance 4. Direct labour efficiency variance 5. Variable overhead rate variance 6. Variable overhead efficiency variance 7. Please give some moregenial suggestions based on yourcakulation