birect aaterials {126, e0e pounds e 14.75 per pound) odrect labor (25,700 hours 8515.20 per hour) AR-ActualRateSR-StandardRateAQ-ActualQuantitySQ-StandardQuantityAP-ActualPriceSP=StandordPrice (1) Compute the direct materiais price and quantity vartances (2) Compute the direct labor rate variance ond the direct labor eficiency varlance. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Cormpute the direct labor rate variance and the direct labor effidency vanance. (Indicate the effect of each vanance by selecting favorable, unfavorable, of tio variance, found "Rate per hour" answers to 2 deomal places.)