Ayala Corporation accumulates the following data relative to jobs started and finished during the month of June 2022. Overhead is applied on the basis of standard machine hours. Three hours of machine time are required for each direct labor hour. The lobs were sold for $400.000, Selling and administrative expenses were $40.000. Assume that the amount of raw materials purchased equaled the amount used. Compute all of the variances for (1) direct materials and (2) direct labor. (Round per unit values to 2 decimal places, eg. 52.75 and final answers to 0 decimal olaces. es 52 .1 enswert to O decimal piaces es.52) Question 5 of 5 Maferials Frice Yarlanct Materiab auaritiovariancer Laber Roleg V=i=ax lasor Reancity Wariarnes Cyetho.gllariance 5ethif afodatimatiative fi-Denser eTextbook and Media