The Russell Company provides the following standard cost data per unit of product: Direct material (3 gallons @ $6 per gallon) $ 18.00 Direct labor (2 hours @ $10 per hour) $ 20.00 During the period, the company produced and sold 22,000 units, incurring the following costs: Direct material 68,000 gallons @ $5.90 per gallon Direct labor 45,500 hours @ $9.75 per hour Please compute the variances and indicate whether they are favorable or unfavorable. Please show all of your work. 1) Please compute the direct labor price variance: F/U 2) Please compute the direct labor usage variance: fF/U 3) Please compute the direct material usage variance: FIU 4) Please compute the direct material price variance: F/U