Not yet answered Pointscrit Of 12.00 Flag question Formulas: 100W SQA - SO x Output SHASH X Output Materials Price Variance - AQ X (AP-SP) Materials Quantity Variance - SP (AQ-SO Labor Rate Variance - AH (AR-SR) Labor Efficiency Variance SRX (AH-SH.) Collapse Dillon Company produces coats. Each coat has a standard requiring Byards of fabric at a cost of $6.25 per yard. The standard for direct labor is 2 hours per coat at a pay rate of 519 per hour During the year Dillon produced 40,000 coats. Actual fabric purchased and used was 275,000 yards at 56.10 per yard. Actual direct Mabor was 81,000 hours at $18.50 per hour. Choose Compute the materials price variance Choose Is the material price variance favorable or unfavorable? Choose Compute the materials quantity variance. is the materials quantity variance favorable or unfavorable? Choose Compute the labor rate variance. Choose.. Choose Is the labor rate variance favorable or unfavorable? Choose Compute the labor efficiency variance. is the labor efficiency variance favorable or unfavorable? Choose