Information for a compariy's production activities for this year follow: Standard quantity and price per unit for direct materials standard quantity and rate per unit for direct labor Actual direct aterials used Actual dircct Jatior used Actual units produced AH - Actual Hours SH - Standard Hours AR - Actual Rate SR - Standard Rate 3 porands at s4 ies, per pound 2 hours at 146 . 60 per hour 36,000 pormds at $4,05 per pound 19, sec hours at 346.10 per hour AQ= Actual Ouantity 50 - Standard Ovantity AP= Actual Price Sp - Standard Price. Complete this question by entering your answers in the tabs below. Colculate the direct materials price and quantity variancog. Indicate whether each is favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Complote this uguetstion by enterring your aruswers in thet tates twolow. Calcubate the direct materiali price and quantity variances, tndicate whether each is favorable or unfavorable. Noter Indicate the effect of each variance by selecting fovorable, unfavorable, or no variance, Eiculate the dirnct labor mate and afficioncy variarices. Indicate whether each is favorable or unfavorable. otet Indicate the effect of acach variance by selecting favorable, unhavorable, or no variance