please solve it all by typing to be clear for me & do table & explnation if the question need , thankyou

Question 1 (40 points) During December, Wards Company's actual costs incurred in the production of 3,000 units were as follows: Direct labor: $103,500 ($15 per hour) Direct material: $48,000 ($6 per pound) The standards for one unit of Wards Company's product are as follows: Direct labor: Direct material: Quantity, 1.5 hour per unit Quantity, 2.25 pounds per unit Rate, $13.5 per hour Price, $4.5 per pound Required: 1. Compute the direct-material price and quantity variances. Indicate whether each variance is favorable or unfavorable. Show your calculations. (20 points) 2. Compute the direct-labor rate and efficiency variances. Indicate whether each variance is favorable or unfavorable. Show your calculations. (20 points)