X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances. Indicate whether each variance is favorable or unfavorable. Actual Cost Standard Cost AQ AP AQ SQ SP SP $ 387,000.00 393,120 X X $ 0.07 421,200 $ 28,080 $ 163,004,400,000 $ 163,004,371,920 $ 0 Direct materials price variance Favorable $ 163,004,371,920 0 Unfavorable Direct materials quantity variance Total variable overhead cost variance X 6,120 Favorable X Answer is not complete. 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 whether each variance is favorable or unfavorable. Actual Cost Standard Cost AH AR AH SR SH SR 564,740 X $ 3,790 $ 0 0 X $ Unfavorable Direct materials price variance Direct materials quantity variance Oo Unfavorable 0 $ 48,740 Total variable overhead cost variance Unfavorable X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances. Indicate whether each variance is favorable or unfavorable. Actual Cost Standard Cost AQ AP AQ SQ SP SP $ 387,000.00 393,120 X X $ 0.07 421,200 $ 28,080 $ 163,004,400,000 $ 163,004,371,920 $ 0 Direct materials price variance Favorable $ 163,004,371,920 0 Unfavorable Direct materials quantity variance Total variable overhead cost variance X 6,120 Favorable X Answer is not complete. 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 whether each variance is favorable or unfavorable. Actual Cost Standard Cost AH AR AH SR SH SR 564,740 X $ 3,790 $ 0 0 X $ Unfavorable Direct materials price variance Direct materials quantity variance Oo Unfavorable 0 $ 48,740 Total variable overhead cost variance Unfavorable