Data Input Direct material purchased per unit of input Actual price input quantitity 18,000 yards 9,500 yards 2,100 hours 1.38 20 per unit Direct material used 1.35 Direct labor used 9.15 4 per unit Units produced 500 units Standard cost allowed for F Standard cost Price or actual or quantity of input Variance Analysis for Production Spending Quantity or Usage Variance U for actual or Actual Cost Inputs Direct material purchased* Variance U output Direct material used Direct labor Total variances Direct material price variance is recognized at the time of purchase