How to use excel to solve

Fall Industries has set the following standards for one unit:

Direct material Quantity: 45 yards Price per yard: $2.70 per yard

Direct labor Quantity: 9 hours per unit Rate per hour: $16 per hour

Actual costs incurred in the production of 1,200 units were as follows: Direct material: $99,000 ($2.75 per yard) Direct labor: $129,560 ($15.80 per hour) All materials purchased were consumed during the period. Required: 1. Calculate the direct-material price and quantity variances. Indicate whether each variance is favorable or unfavorable. 2. Calculate the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable.