Management Accounting lesson. Answer all plis do not use handwritting thankyou

Exercises During April, Dryden Company's material purchases amounted to 6,500 pounds at a price of $7.40 per pound. Actual costs incurred in the production of 2,000 units were as follows: Strai of Va Direct labor $118,035 ($18.30 per bour) (LO Direct material: $31,820 ($7.40 per pound) The standards for one unit of Dryden Company's product are as follows: Direct labor Direct material: Quantity, 3 hours per unit Quantity, 2 pounds per unit Price, $7.20 per pound Rate, $18.00 per hour Required: Compute the direct-material price and quantity variances, the direct material purchase price variance, and the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable