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Pina Colada Company developed the following standard costs for its product for 2022 : The company expected to work at the 122,400 direct labor hours level of activity and produce 61,200 units of product. Actual results for 2022 were as follows: - 58.000 units of product were actually produced. - Direct labor costs were $1,103,700 for 113,200 direct labor hours actually worked. - Actuat direct materials purchased and used during the year cost $1.132.416 for 235.920 pound5. - Total actual manufacturing overhead costs were \$681,200. Compute the following variances for Pina Colada Company for 2022 and indicate whether each variance is favorable or unfavorable Compute the following variances for Pina Colada Company for 2022 and indicate whether each variance is favorable or unfavorable 1. Direct Materials Price Variance 2. Direct Materials Quantity Variance $ 3. Direct Labor Price Variance 4. Direct Labor Quantity Variance 5. Overhead Controllable Variance $ 6. Overhead Volume Variance