Amber Company produces iron table and chair sets. During October, Amber's costs were as follows: $ 3.00 per lb $ 8.20 per hour $2.80 per lb. Actual purchase price Actual direct labor rate Standard purchase price Standard quantity for sets produced Standard direct labor hours allowed Actual quantity purchased in October Actual direct labor hours Actual quantity used in October Direct labor rate variance 1,040,000 lbs. 1,295,000 lbs. 1,070,000 lbs. 21,000 17,000 $6,200 F