Check my work 4 Exercise 10-27 Diagramming Direct-Material and Direct-Labor Variances (LO 10-3) During June, Danby Company's material purchases amounted to 10,920 pounds at a price of $5,30 per pound Actual costs incurred in the production of 2,100 units were as follows: ts ook Direct labor: Direct material: $74,693 ($11.30 per hour) $45,633 ($5.30 per pound) The standards for one unit of Danby Company's product are as follows Direct Labor Quantity, 3 hours per unit Rate, $11.00 per hour Direct Materiali Quantity, 4 pounds per unit Price, $5.10 per pound Required: Fill in the amounts in the tables below. Complete this rustion by entering your answers in the tabs below. Required 1 Required 2 Required 3 Fill in the amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None "Actual Price" and "Standard Price" to 2 decimal places.) Direct-Material Price and Quantity Variances Actual Material Cost Projected Material Cost Standard Material Actual Quantity Actual Price Actual Quantity Standard Price Standard Quantity X pounds used per pound pounds used per pound pounds allowed Direct-matorial price variance Direct material quantity variance Direci-material variarico nr. BE 3 question by entering your answers in the tabs below. Required 2 Required 3 its in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "o" for sd "Standard Price" to 2 decimal places.) al Material Cost Actual Price Direct-Material Price and Quantity Variances Projected Material Cost Actual Quantity Standard Price Standard Material Cost Standard Quantity X Standard Price x por pound pounds used per pound pounds allowed per pound Direct-material price variance Direct-material quantity variance Direct-material variance Required 1 Required 2 Required 3 Fill in the amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (.e., zero variance).). Round "Actual Price" and "Standard Price" to 2 decimal places.) Direct-Material Purchase Price Variances Actual Material Cost of Purchases Projected Material Cost of Purchases Actual Quantity Actual Price Actual Quantity Standard Price pounds purchased per pound pounds purchased per pound Direct-material purchase price variance Required: Required 2 Required 3 Filline amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "Non varian..).). Round "Actual Price" and "Standard Price to 2 decimal places.) Actual Labor Cost Actual Hours Actual Rate Direct-Labor Rate and Efficiency Variances Projected Labor Cost Actual Hours Standard Rate Standard Labor Cost Standard Hours X Standard R. x hours used per hour hours used per hour hours allowed per hour $ 0 S 0 $ 0 Direct.labor rate variance Direct-labor efficiency variance Direct-labor variance Required 1 Required 2 Required 3 ill in the amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" ar ariance).). Round "Actual Price" and "Standard Price to 2 decimal places.) Direct-Labor Rate and Efficiency Variances Actual Labor Cost Projected Labor Cost Standard Labor Cost ctual Hours Actual Rate Actual Hours Standard Rate Standard Hours Standard Rate X hours used per hour hours used per hour per hour hours allowed $ 0 $ O 0 $ Direct labor rate variance Direct-labor officiency variance Direct-labor variance