Butler company has developed its standard costs based on a predicted production level of 4,000 units. Actual production for the most recent month was 3,900 units. Standard Quantity or hours 5 pounds 2 hours Standard Price or Rate $11.00 per pound $17.00 per hour Direct materials Direct labor Variable manufacturing overhead Standard Cost per unit $55.00 $34.00 $6.00 2 hours $3.00 per hour During the most recent period, the following additional information was available: . 20,000 pounds of material was purchased. The materials price variance was $10,000 F. All of the material that was purchased was used to produce 3,900 units. 8,000 direct labor-hours were recorded at a total cost of $132,000. a. What is the actual price per pound of materials? b. What is the direct materials quantity variance? c. What is the direct materials spending variance