During July, 20x5, Johnson Corporation manufactured 2,000 crates of orange juice. The following information from the...

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During July, 20x5, Johnson Corporation manufactured 2,000 crates of orange juice. The following information from the Johnson production department also pertains to July, 20x5. Direct material purchased and used: 27,000 pounds at $1.80 per pound Direct labor: 4,500 hours at $9.00 per hour The standard costs for one crate of orange juice are as follows: Direct material: 12 pounds at $2.00 per pound Direct labor: 2 hours at $10.00 per hour Required: Compute the following variances for the month of July, indicating whether each variance is favorable (F) or unfavorable (U). Direct Material Price Variance Direct Material Quantity Variance Direct Labor Rate Variance Direct Labor Efficiency Variance During July, 20x5, Johnson Corporation manufactured 2,000 crates of orange juice. The following information from the Johnson production department also pertains to July, 20x5. Direct material purchased and used: 27,000 pounds at $1.80 per pound Direct labor: 4,500 hours at $9.00 per hour The standard costs for one crate of orange juice are as follows: Direct material: 12 pounds at $2.00 per pound Direct labor: 2 hours at $10.00 per hour Required: Compute the following variances for the month of July, indicating whether each variance is favorable (F) or unfavorable (U). Direct Material Price Variance Direct Material Quantity Variance Direct Labor Rate Variance Direct Labor Efficiency Variance