The following information relates to production activitles of Mercer Manufacturing for the year.

Actual direct materials used

Actual direct labor used

Actual units produced

Standard quantity and price per unit for direct materials

Standard quantity and rate per unit for direct labor

$0\mathrm{.}50$ pound at $$4\mathrm{.}65$ per pound

$0\mathrm{.}50$ hour at $$33$ per hour

$AR=$ Actual Rate

$SR=$ Standard Rate

$AQ=$Actual Quantity

$SQ=$ Standard Quantity

AP $=$ Actual Price

$SP=$ Standard Price

$(1)$ Compute the direct materlals price and quantity varlances.

$(2)$ Compute the direct labor rate and efficlency varlances.

Complete this question by entering your answers in the tabs below.

Compute the direct materials price and quantity variances.

Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance,

Efticiency variance

Price variance

Quantity variance

Rate variance

Total direct materials variance