Read the requirements. Requirements 1. For the month of April, compute the following variances, indicating whether each is favorable (F) or unfavorable (U). a. Direct materials price variance (based on purchases) Requirement 1. For the month of April, compute the variances, indicating whether each is favorable (F) or unfavorable (U). b. Direct materials efficiency variance Before computing the variances complete the tables below. Begin by completing the table for direct materials. c. Direct manufacturing labor price variance d. Direct manufacturing labor efficiency variance e. Variable manufacturing overhead spending variance f. Variable manufacturing overhead efficiency variance g. Production-volume variance h. Fixed manufacturing overhead spending variance 2. Can Thomas use any of the variances to help explain any of the other variances? Give examples. Data table Data table