please answer both A and B

Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $86 per unit and variable costs of $34 per unit. (Indicate the effect of each verlance by selecting favorable, unfavorable, or no verlance.) Flexible Budget performance Report Flexible Budget Actual Results For Month Ended June 30 (12,400 units) (12,400 units) Variances Sales $? $ 33,600F Variable costs 367,800 Contribution margin 644,800 Fixed costs 286, eee 3e1,eee Income $? $ ? 2 ? $? $ Flexible Budget Performance Report Flexible Budget Actual Results Variances (12,400 units) (12,400 units) For Month Ended June 30 Favorable/Unfavorable During May the company incurred the following actual costs to produce 8,500 units. Direct materials (139,000 pounds 52.80 per pound) $ 389,200 Direct labor (30, eee hours $15.10 per hour) 453,000 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 vantances. (2) Compute the direct labor rate variance and the direct labor efficiency variance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct labor rate variance and the direct labor efficiency variance, (Indicate the effect of each variance by selecting favorable, unfavorable, orm variance. Round "Rate per hour answers to 2 decimal places) Actual Cost Standard Cost $ 0 S 0 5 0