Aquarius Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standard for the materials costs of one unit of product. During June 2010, the company purchased 165,000 pounds of direct material at a total cost of $1, 171, 500. The company manufactured 25,000 units of product during June using 151,000 pounds of direct materials. Required: a) Complete the Variance Analysis Report presented below. Actual Qty X Standard Price Actual Qty X Standard Price Standard Qty X Std. Prices