Amber Company produces iron table and chair sets. During October, Amber's costs were as follows: Actual purchase price $ 3.16 per pound Actual direct labor rate $ 8.36 per hour Standard purchase price $ 2.96 per pound Standard quantity for sets produced 1,656,666 pounds Standard direct labor hours allowed 21,666 Actual quantityr purchased in October 1,325,666 pounds Actual direct labor hours 18,666 Actual quantityr used in October 1,666,666 pounds Direct labor rate variance $6, 366 F Required: 1. Calculate the total cost of purchases for October. 2. Compute the direct materials price variance based on the actual quantity purchased. 3. Calculate the direct materials quantity variance based on the actual quantity used. 4. Compute the standard direct labor rate for October. 5. Compute the direct labor efciency variance for October. Complete this question by entering your answers in the tabs below. Red 1 Req 2 and 3 Red 4 Red 5 Compute the standard direct labor rate For October. Note: Round your answer to 2 decimal places. ( Rquand3 Req > Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Req 4 Req 5 Compute the direct labor efficiency variance for October. Note: Round your intermediate calculation to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Direct Labor Efficiency Variance