1. DM variances: Tell Her I Said So, Ltd. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Direct materials Direct labore Variable manufacturing overhead- Standard Quantity or Hours per Unit of Output 4.2 grams 1.25 hourse 1.25 hours Standard Price or Rate $ 2.95 per grame $ 10.00 per hour $ 4.00 per houre The company planned to produce 10,800 units of output during June and has reported the following actual results for the product for June:- $ Actual output Raw materials purchased/usede Actual price of raw materials Actual direct labor-hours- Actual direct labor rate- Actual variable overhead rate- 11,250- Unitse 46,000-grams 3.05- per grame 16,875- Hourse 9.00- per houre 4.50- per hour ttttttt $ $ Assume all of the materials purchased was used during the month to produce the 11,250 units. Calculate: a. The DM activity variance- b. The DM spending variance C. The DM price variance- d. The DM quantity variance