Requirement (d) Compute the direct material price variance and indicate whether the variance is fave Standards: Material 1.5 units of material B Determine the formula, then compute the direct material price variance. (Round applicable dollar amo enter a "0" and leave the label blank.) Material price $12 per unit of B AP SP ) X AQ Direct material price variance Direct labor 1 hour 12.18 12.00 ) X 300 54 U Wage rate $11 per direct labor hou Variable support cost rate $22 per direct labor hou Requirement (e) Compute the direct material quantity variance and indicate whether the variance is f Actual results for May: Determine the formula, then compute the direct material quantity variance. (Round applicable dollar Used 300 units of B, purchased at $12.18 per unit of B exists enter a "0" and leave the label blank.) Paid for 1,000 direct labor hours at $10.60 per hour AQ SQ X SP Direct material quantity variance Incurred $19,000 of variable support costs. 300 )X 12.00 Manufactured 1,000 units of component C93 Requirement (f) Compute the direct labor rate variance and indicate whether the variance is favorabl Determine the formula, then compute the direct labor rate variance. (Round applicable dollar amounts enter a "0" and leave the label blank.) Print Done AR SR )X AH Direct labor rate variance