need help filling out the tables in requirements 1 and 2 Lucia Company has set the following

need help filling out the tables in requirements 1 and 2

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Lucia Company has set the following stendard cost per unit for direct materials and direct labor Direct naterials (15 pounds @ $5 per pound) Direct labor (3 hours $16 per hour) $ 75 During May the company incurred the following actual costs to produce 8,400 units. Direct materials (128,700 pounds @ $4.00 per pound) Direct labor (28,800 hours @ $16.10 per hour) $617,760 463,680 AR Actual Rate: SR Standard Rate AQ-Actual Quantity: SQ-Standard Quantity AP Actual Price SP Standard Price AH-Actual Hours: SH Standard Hours (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficiency variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Actiral Cost Required 2 Standard Cust Lucia Company has set the following stendard cost per unit for direct materials and direct labor Direct naterials (15 pounds @ $5 per pound) Direct labor (3 hours $16 per hour) $ 75 During May the company incurred the following actual costs to produce 8,400 units. Direct materials (128,700 pounds @ $4.00 per pound) Direct labor (28,800 hours @ $16.10 per hour) $617,760 463,680 AR Actual Rate: SR Standard Rate AQ-Actual Quantity: SQ-Standard Quantity AP Actual Price SP Standard Price AH-Actual Hours: SH Standard Hours (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficiency variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Actiral Cost Required 2 Standard Cust

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