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Moose Company manufactures a product for which the following standards have been set: Standard Quantity or hours Standard Price or Rate Direct Materials 3 feet $5 per foot Direct labor le) ???? During April, the company purchased and used direct materials at a cost of $55.650 to produce 3.200 units of product. In addition, 4.900 hour of direct labor time were used during the month. The cost of direct labor was $36,750. The following variances have been computed for the month Materials quantity variance (MQM $4,500U Total Labor variance $1,650 F Labor efficiency variance (LEV $800 U Required: a. For direct materials compute the actual price per foot (AP) for materials for April b. Compute the materials price variance and the total spending materials variance c. For direct labor compute the standard direct laborate per hour (SR). d. For direct labor compute the standard hours allowed for the month's production (SH). c. For direct labor compute the standard hours allowed per unit of product Et View Insert Format Tools Table 120 Paragraph an 7 A 3 g 2 @ $ & 7 3 2 4 5 6 9 7 8 00 Q W E R T Y A S D F H