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Amber Company produces iron table and chair sets. During October, Amber's costs were as follows: table [ [ Actual purchase price,$ 1 . 9

Amber Company produces iron table and chair sets. During October, Amber's costs were as follows:
\table[[Actual purchase price,$1.90 per pound],[Actual direct labor rate,$7.10 per hour],[Standard purchase price,$1.70 per pound],[Standard quantity for sets produced,930,000 pounds],[Standard direct labor hours allowed,15,000],[Actual quantity purchased in October,1,075,000 pounds],[Actual direct labor hours,8,000],[Actual quantity used in October,960,000 pounds],[Direct labor rate variance,$5,120F
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