need help on this two part table

mework Hele Save Submit Exercise 21-11 Direct materials and direct labor variances LO P3 Hutto Corp. has set the following standard direct materials and direct labor costs per unit for the product it manufactures Direct materials (1 lbs. 54 per 16.) Direct labor tes. $15 per hr.) 56e 45 During May the company incurred the following actual costs to produce 8,600 units Direct materials (132,300 lbs. $3.50 per 10.) Direct labor (29,200 hrs. $15.10 per hr.). $582.74 440.920 AH Actual Hours SH - Standard Hours AR = Actual Rate SR Standard Rate AQ = Actual Quantity SQ = Standard Quantity AP - Actual Price SP Standard Price me and wantity yariances (Indicate the effect of each variance by selecting for favorable, ton AO - Actual Quantity SO - Standard Quantity AP = Actual Price SP = Standard Price (1) Compute the direct materials price and quantity variances indicate the effect of each variance by selecting for favorable unfavorable, and no variance.) (2) Compute the direct labor rate variance and the direct labor efficiency variance Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour answers to 2 decimal places) Complete this question by entering your answers in the tabs below. int Required: Required2 Compute the direct materials price and quantity vartancies. Indicate whether each variance to ur inte Actual Cost int Required 23 AO Actual Quantity SQ - Standard Quantity AP - Actual Price SP = Standard Price (1) Compute the direct materials price and quantity variances (Indicate the effect of each variance by selecting for favorable. unfavorable, and no variance.) (2) Compute the direct labor rate variance and the direct labor efficiency variance Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour answers to 2 decimal places) Complete this question by entering your answers in the tabs below. Required: Required 2 Compute the direct labor rate variance and the direct labor efficiency variance Indicate whether each vor favorable ar fi andant Actual Cost