4 1 D/M & D/L Variance Data: 2 3 List Your Product Name Here 5 ENTER YOUR INDIVIDUAL CASE NUMBER HERE 9,591 6 (THIS IS LOCATED IN YOUR GRADEBOOK) 7 First Name Last Name 9 Enter Your Name Here > 10 11 12 BASE DATA: 13 14 Budgeted (Std Quantity of Direct Materials for Production 960 15 16 Budgeted (Stdl Price of Direct Materials per Pound $ 1,955.00 17 18 Budgeted (Std) Quantity of Direct Labor Hours Used for 829 19 20 Budgeted (Std Price of Direct Labor per Hour $ 849.00 21 22 Budgeted Istdl Units Produced and Sold 19,796 23 24 Actual Quantity of Direct Materials Used for Production 944 25 26 Actual Price of Direct Materials per Pound $ 1,812.00 27 28 Actual Quantity of Direct Labor Hours Used for Production 832 29 30 Actual Price of Direct Labor per Hour $ 852.00 31 32 Note: It takes one unit of direct materials to make one production unit. 34 WITH THE ABOVE DATA SOLVE THE FOLLOWING QUESTIONS REGARDING YOUR PRODUCI: 35 36 QUESTION ONE 37 What is the Direct Manufacturing Labor Price Variance? Record ansver in dollars and cents here $ (2,496.00) 39 Record whether above answer is "favorable" or "unfavorable here Unfavorable 40 41 QUESTION 2 42 What is the Direct Manufacturing Material Price Variance? 43 Record answer in dollars and cents here $ 134,992.00 Record whether above answer is "favorable or unfavorable here Favorable 45 46 QUESTION 3 47 What is the Direct Manufacturing Labor Efficiency Variance? Record answer in dollars and cents (2,547.00 49 Record whether abpve answer is "favorable or unfavorable here Unfavorable 44 48 $