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Amber Company produces iron table and chair sets. During October, Amber's costs were as follows: table [ [ Actual purchase price,$ 3 . 0

Amber Company produces iron table and chair sets. During October, Amber's costs were as follows:
\table[[Actual purchase price,$3.00 per pound],[Actual direct labor rate,$8.20 per hour],[Standard purchase price,$2.80 per pound],[Standard quantity for sets produced,1,040,000 pounds],[Standard direct labor hours allowed,21,000],[Actual quantity purchased in October,1,295,000 pounds],[Actual direct labor hours,17,000],[Actual quantity used in October,1,070,000 pounds],[Direct labor rate variance,$6,120F
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