3 4 QI) Berry Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standards for the prime costs of one unit of produce Standard Standard Standard Quantity Prics Cost Direct materials 12.0 pounds $ 7.00pound $84.00 Direct labor 2.6 hours $22.00/hour 5720 SILA 20 During June, the company purchased and used 302,000 pounds of direct material at a total cost of $2,144,200. The total factory direct labor costs for June were $1,440,000. The company manufactured 25,000 units of product during June using 64.000 direct labor hours. Find the followings: 3. The price and material quantity variance for the direct material used by the company during June (10 points) b. The direct material quantity variance for June (10 points) A Aaaaa Sony All Adult de des OS end (AQS ADAM Que Valent 2)-(1) PV -23 Sedie Veren -(1)