Baffin Bay Surfboards manufactures fiberglass surfboards. The standard cost of direct materials and direct manufacturing labor is $249 per board. This includes 35 pounds of direct materials, at the budgeted price of $3 per pound, and 10 hours of direct manufacturing labor, at the budgeted rate of $14.40 per hour. Following are additional data for the month of July: 1. Compute direct manufacturing labor variances for July. 2. Compute the actual pounds of direct materials used in production in July. 3. Caiculate the actual price per pound of direct materials purchased. 4. Calculate the direct materials price variance