Data Table - X Kaplin Fabrics manufactures a specialty monogrammed blanket. The following are the cost (Click the icon to view the standards.) 1 Requirements - X Direct materials (fabric) Direct labor 3.0 yards per blanket at $8.00 per yard 1 direct labor hours per blanket at $18.00 per hour Print Done the nearest cent.) Data Table 1 What is the standard direct material cost for one blanket? 2. What is the actual cost per yard of fabric purchased? 3. Calculate the direct material price and quantity variances. 4. What is the standard direct labor cost for one blanket? 5. What is the actual direct labor cost per hour? 6. Calculate the direct labor rate and efficiency variances 7. Analyze each variance and speculate as to what may have caused that vanance 8. Look at all four variances together (the big picture). How might they all be related? What variance is very likely to have caused the other variances? Les as positive numbers. Entel ed: DM = Direct materials) hits to $ 51.300 materials Actual cost of 6,840 yards of direct material (fabric) purchased Actual yards of direct material (fabric) used Actual wages for 2,040 hours worked 6.290 2 Print DM price Done Done 35,088 Print Done ose from any fist or enter any number in the input fields and then continue to the next question ve for Later