C- August Variance Analysis During September of the current year, the controller was asked to perform variance analyses for August. The January operating data provided the standard prices, rates, times, and quantities per case. There were 1,300 actual cases produced during August, which was 100 more cases than planned at the beginning of the month. Actual data for August were as follows: Cream base Natural oils Actual Direct Materials Price per Unit $0.014 per oz. $ 0.27 per oz. Actual Direct Materials Quantity per Case 74 ozs. 26 ozs. Bottle (8-oz.) Mixing Filling $ 0.35 per bottle 12.6 bottles Actual Direct Labor Rate Actual Direct Labor $15.20 $11.70 Time per Case 16.20 min. 4.80 min. $162.00 1,350 cases Actual variable overhead Normal volume The price of the materials were different than standard due to fluctuations in market prices. The standard quantity of materials used per case was an ideal standard. The Mixing Department used a higher grade labor classification during the month, thus causing the actual labor rate to exceed standard. The Filling Department Sensitivity: Internal UAGM used a lower grade labor classification during the month, thus causing the actual labor rate to be less than standard. Instruction 10. Determine and interpret the direct materials price and quantity variances for the three materials.