please help to answer this question with a clear and correct answer. thank you.

Rankin Fabrication reports the following information with respect to its direct materials: rankin rabrication holds no materials inventorles. Required: a. Compute the direct material price and efficiency variances. b. (AppendIx) Prepare the Journal entries to record the purchase and use of the direct materials using standard costing. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. (Appendix) Prepare the journal entries to record the purchase and use of the direct materials using standard costing. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field