QUESTION: Rosemary Inc. bakes delicious cakes for Maple Leaf victory parties. This year, the parties have been sporadic due to a global pandemic. The company used the following standards: Standard Direct material per unit (kg) 2.00 Material price per kg $4.00 Labour time per unit 0.20 hrs Direct labour rate (per hour) $11.25 The following actual information was also available: Actual Production units 35,000 Total direct material purchased (kg) 75,000 Total direct material used (kg) 72,000 Total labour time 7250 hrs Material price per kg $4.10 Direct labour rate (per hour) $11.15 Use the above information to answer the following quesitons. Compute the amount of the direct materials price variance. HINT: remember the entry rules! A Indicate if the direct materials price variance is Favourable (enter F) or Unfavourable (enter UF). HINT: Enter your letter without any additional spaces! Compute the amount of the direct materials usage (efficiency) variance. HINT: remember the entry rules! A/ Indicate if the direct materials usage (efficiency) variance is Favourable (enter F) or Unfavourable (enter UF). HINT: Enter your letter without any additional spaces! A Compute the amount of the direct labour rate (price) variance. HINT: remember the entry rules! A/ Indicate if the direct labour rate (price) variance is Favourable (enter F) or Unfavourable (enter UF). HINT: Enter your letter without any additional spaces! A/ Compute the amount of the direct labour efficiency (or usage) variance. HINT: remember the entry rules! A/ Indicate if the direct labour efficiency (usage) variance is Favourable (enter F) or Unfavourable (enter UF). HINT: Enter your letter without any additional spaces! A