9.00 Question 3 (7 Marks) Littrell Company produces chairs and has determined the following direct cost categories and budgeted amounts: Standard Inputs Standard Cost Category for 1 output per input Direct Materials 1.00 $7.50 Direct Labor 0.30 Direct Marketing 0.50 3.00 Actual performance for the company is shown below: Actual output: (in units) 4.000 Direct Materials: Materials costs $30,225 Input purchased and used 3,900 Actual price per input $7.75 Direct Manufacturing Labor: Labor costs $11,470 Labor-hours of input 1,240 Actual price per hour $9.25 Direct Marketing Labor: Labor costs $5,880 Labor-hours of input 2,100 Actual price per hour $2.80 Required: a. What is the combined total of the flexible-budget variances? (1 Mark) b. What is the price variance of the direct materials? (1 Mark) c. What is the price variance of the direct manufacturing labor and the direct marketing labor, respectively? (2 Marks) d. What is the efficiency variance for direct materials? (1 Mark) e. What are the efficiency variances for direct manufacturing labor and direct marketing labor, respectively? (2 Marks)