Cells highlighted in green contain a drop-down list, select the appropriate response from the list. When the calculations for the requirements below are correct, the cells will change to yellow. Simon Company set the following stanidard costs for one unit of its product. The standard overhead rate ( $18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level. The company incurred the following actual costs when it operated at 75% of capacity in October Required: (1) Compute the direct materials cost variance, including its price and quantity variances. (2) Compute the direct labor cost variance, including its rate and efficiency variances. AQ= Actual Quantity Compute the direct labor cost variance, including its rate and efficiency variances AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRale