Complete this question by entering your answers in the tabs below Required 1Required 2Required 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 e variance).). Round "Actual Price" and "Standard Price" to 2 decimal places.) Direct-Material Price and Quantity Variances Projected Material Cost Actual Material Cost Standard Material Cost Actual Quant Actual Quanti Standard Price Standard Quant Actual Price Standard Price 7.30 pounds used per pound pounds used per poundpounds allowed per pound favorable Direct-material price variance Direct-material quantity variance nfavorable Direct-material variance Complete this question by entering your answers in the tabs below Required 1Required 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 "0" for no effect (i.e., zero variance)). Round "Actual Price" and "Standard Price" to 2 decimal places.) Direct-Material Purchase Price Variances Actual Material Cost of Purchases Actual Price Projected Material Cost of Purchases Actual Actual Standard Price uan Quantit pounds urchased per pound pounds urchased per pound nfavorable Direct-material purchase price variance K Required 1 Required 3 > Complete this question by entering your answers in the tabs below Required 1 Required 2 Required3 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 eff variance).). Round "Actual Price" and "Standard Price" to 2 decimal places.) Direct-Labor Rate and Efficiency Variances Projected Labor Cost Actual Labor Cost Standard Labor Cost Actual Hours Standard Hours Actual Rate Actual Hours Standard Rate Standard Rate hours used per hour hours used per hour hours allowed per hour 0 nfavorable Unfavorable Direct-labor rate variance Direct-labor efficiency variance nfavorable Direct-labor variance