Question: 1.Compute the direct materials price variance andindicate whether the variance is favorable or unfavorable. 2. Compute the direct materials usage variance and indicate whether the

1.Compute the direct materials price variance andindicate whether the variance is favorable or unfavorable.

2. Compute the direct materials usage variance and indicate whether the variance is favorable or unfavorable.

3. Compute the direct labor price variance and indicate whether the variance is favorable or unfavorable.

4 Compute the direct labor usage variance and indicate whether the variance is favorable or unfavorable.

5 Compute the fixed overhead spending variance and indicate whether the variance is favorable or unfavorable.

6 Compute the variable overhead spending variance and indicate whether the variance is favorable or

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