12 BASE DATA: 14 Budgeted (Std) Quant f Direct Materials for Production 960 6 Budgeted (Std) Price of Direct Materials per Pound 1,955.00 829 849.00 18 Budgeted (Std) Quant abor Hours Used for Production 20 Budgeted (Std) Price of Direct Labor per Hou 21 22 Budgeted (std) Units Produced and Sold 15,000 24 Actual Quantity of Direct Materials Used for Production 26 Actual Price of Direct Materials per Pound 27 28 Actual Quantity of Direct Labor Hours Used for Production 1,812.00 832 30 Actual Price of Dire abor per Hour 852.00 32 Note: It takes one unit of direct materials to make one production unit. HE A FOLLOWING QUESTIONS REGARDING YOUR PRODU 36 QUESTION ONE 37 What is the Direct Manufacturin 38 Record answer in dollrs and cents here 39 Record whether above answer is "favorable" or "unfavorable her 40 41 QUESTION 2 42 What is the Direct Manufacturing Material Price Variance? 43 Record answer in dollrs and cents her 44 Record whether above answer is "favorable" or "unfavorable here 45 46 QUESTION 3 47 What is the Direct Manufacturin 48 Record answer in dollrs and cents 49Record whether abovanswer is "favorable" or "unfavorable here abor Price Variance? Labor Efficie