Please format the answers just like how it is on the questions.

Lucia Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (15 pounds @ $4 per pound) Direct labor (3 hours @ $15 per hour) $ 60 45 During May the company incurred the following actual costs to produce 8,300 units. Direct materials (127,800 pounds @ $3.80 per pound) Direct labor (29,000 hours @ $15.10 per hour) $ 485,640 437,900 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. Required 1 Required 2 Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Actual Cost Standard Cost $ 0 $ 0 $ 0 0 Required 1 Required 2 > Efficiency variance Price variance Quantity variance $ 0 $ 0 $ 0 0 Efficiency variance Price variance Quantity variance Rate variance Total direct materials variance 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, or no variance. Round "Rate per hour" answers to 2 decimal places.) Actual Cost Standard Cost $ 0 $ 0 $ 0 0 Total direct labor variance