Barbaro Production Company has developed the following standards for one of its products. STANDARD VARIABLE COST CARD One Unit of Product Materials: 30 square feet * $5 per square foot $150,00 Direct labor: 16 hours * $ 7 per hour 112.00 Variable manufacturing overhead: 16 direct labor hours $5 per hour 80.00 Total standard variable cost per unit $342.00 The company records materials price variances at the time of purchase. The following activity occurred during the month of April Materials purchased: Materials used: 80,000 sq feet at $5.30 per sq.foot 74,000 square feet 2,500 units 42.000 hours at $6.70 per hour Units produced Direct labor: Actual variable manufacturing overhead: $228,000 Required 1. Calculatethe direct materials price (4 points) 2. Calculatethe direct materials usage (4 points) 3. Calculatethe direct labor rate (4 points) 4. Calculatethe direct labor usage (4 points) 5. Givepossible reasons for the occurrence of each of the preceding (4 points) do ENG