. Tit Question 1: Duracell Company's standard and actual costs per unit are provided below for the most recent period During this period, 100 units were actually produced Product Standard Cost Product Actual Cost Material Standard Metres 7.5 2.8 $16.72 $16.38 Hours 5 4.9 Unit Price PerMetre $2.20 $2.10 Hourly Rate $15.00 $15.10 Hourly Hate $3.00 Sa. 10 Actual Direct labour Standard Actual Variable overhead Standard Actual Total unit cost $75.00 573.99 Hours $7.50 2.5 24 $7.44 $97.81 $93.22 Required: Given the information above, compute the following variances. Abo indicate of the variances are favorable or unfavorable. 1. Materials price variance 2. Materials quantity variance 3. Direct labour rate variance 4. Direct labour efficiency variance + (hp