PLEASE FOLLOW THE SAME FORMAT and please include the AP or SP

Reeu corp. Tlds set the TUMUWIIIy Sldiludlu Uneltidelidis dilu Unell IdUJUI LUSLS per urlL IUI ile pruuuLL IL manufactures. Direct materials (15 lbs. @ $4 per lb.) Direct labor (4 hrs. @ $15 per hr.) $60 60 8 02:51:54 During June the company incurred the following actual costs to produce 8,400 units. Direct materials (128,500 lbs. @ $3.75 per lb.) Direct labor (38,500 hrs. l $15.20 per hr.). $481,875 585,200 AH = Actual Hours SH = Standard Hours 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. (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.) Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required 1 Required 2 8 02:51:43 Compute the direct materials price and quantity variances. Indicate whether each variance is favorable or unfavorable. Actual Cost Standard Cost Required 1 Required 2 > (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.) Complete this question by entering your answers in the tabs below. 01:16:49 Required 1 Required 2 Skipped Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or Actual Cost Standard Cost $ 0 $ 0 Required 1 Required 2 )