the period 400 as were produced Produd Standard Cont Product du Cost Metres 2. $16.72 748 $16.30 Hours Materials Standard Actual Dwed Labour Standard Actual Variable Overhead Standard Actual Total unit cost Unit Price Per Metre $2.20 $2.10 Hourly Rate $15.00 $15.10 Hourly Rate $3.00 $3.10 $75.00 14.9 $73,99 Hours $750 2.5 2.4 $17.94 $97.81 $99.22 Required: Given the information above, compute the following variances. Also indicate the variances are favorable or unfavorable, 1. Materials price variance 2. Materials quantity variance 3. Direct labour rate variance 4. Direct labour efficiency variance 5. Variable overhead rate variance 6. Variable overhead efficiency variance 7. Please give some manaeprialuppetins based on your calculation RI 21 hp 7 8 K