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Actual direct materials used

Actual direct labor used

Actual units produced

Standard quantity and price per unit for direct materials

Standard quantity and rate per unit for direct labor

$16,800$ pounds at $$4\mathrm{.}45$ per pound

$17,435$ hours at $$27$ per hour

$31,600$

$0\mathrm{.}50.$ pound at $$4\mathrm{.}40$ per pound

$0\mathrm{.}50$ hour at $$28$ per hour

$AR=$ Actual Rate

$SR=$ Standard Rate

$AQ=$ Actual Quantity

$SQ=$ Standard Quantity

$AP=$ Actual Price

$SP=$ Standard Price

$(1)$ Compute the direct materials price and quantity variances.

$(2)$ Compute the direct labor rate and efficiency variances.

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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.