I am stuck on this problem. Please help, thank you!!

Direct materials ( 15 pounds e $4 per pound) $60 Direct labor ( 3 hours &$15 per hour) 45 During May the company incurred the following actual costs to produce 8,800 units. Direct materials (135,300 pounds $3.80 per pound) Direct labor (30,600 hours e $15.10 per hour) 514,140 462,860 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 variance and the direct labor efficiency variance. Complete this question by entering your answers in the tabs below. Compute the direct materials price and quantity variances. Note: Indicate the effect of each variance by selecting fovorable, unfavorable, or no variance. Complete this question by entering your answers in the tabs below. Compute the direct materials price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Complete this question by entering your answers in the tabs below. Compute the difect labor rate variance and the direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no varlance. Round "Rate per hour" answers to 2 decimal places