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A company reports the following information for its direct labor. AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable. AirPro Corporation reports the following for this period. Compute the volume variance and identify it as favorable or unfavorable. BatCo makes basebalt bats. Each bat requires 2.00 pounds of wood at $18 per pound and 0.20 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour: Assume the actual cost to manufacture 110 bats is $5,610.00. Compute the total cost variance and identify it as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfovorable, or no variance.) A company reports the following for one of its products: Direct naterials standard (4 pounds e \$3 per pound) Actual direct materials used (AQ) Actual units produced Actual cost of direct eaterlals used AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP= Standard Price Compute the direct materials price and quantity variances and identify each as favorable or unfovorable