Question 1 Duracell Company's standard and actual costs per unit are provided below for the most recent period. During this period, 400 units were actually produced, Product Standard Pro Aca Cow $16.00 572.00 Material Metre Unit Price Per Met Standard $2700 Actual 7. SL 90 Director Hou Hourly Rate Standard S12.00 Actual $12.50 Variable oviread Hours Holy Rate Standard 53.00 Actual 53.10 Total i cost 577.50 56.00 $6R $99.14 $94.00 Required: Given the information above, compute the following variances. Also indicate if the variances are favorable or unfavorable. Material price race 2. Materials quantity are Direct labour mate variance Direct labour efficiency variance Variable overhead rate variance Variable overhead efficiency variance 7. Peute stive some managerial suggestions based on your calculation