100 points Perfect Pet Colar Company makes custom leather pet colars. The company expects each collar to require 2.35 feet of leather and predicts leather will cost 54 20 per foot. Suppose Perfect Pet made 85 collars during February. For these 85 collars, the company actualy averaged 2 50 feet of leather per collar and paid $3.80 per foot Required 1. Calculate the standard direct materials cost per unit (Round your answer to 2 decimal places 2. Without performing any caloulations, determine whether the direct mate ials price variance wil be favorable or unfavorable 3. W nout performing any calculations, determine whether the direct maherials quanbty variance wil be faverable or unfavorae a 3. Without performing any calculations, deternmine whether the direct materials quantity variance will be favorable or unfavorable. 6. Calculate the direct materials favorable, U" for unfavorable.) price and quantity variances (Round your intermediate calculations and final answers to 2 decimal places Indicate the efflect of each variance by selecting F" for Direct Material Price Variance Direct Material Quantity Variance