Decet Materiats and Derect Labor Varlances Direct Materials and Direct Labor Variances nesative number using a minus sion amd an unfaveradle variance at a povitive numbec. Oirect Materials and Direct Labor variances At the beginning of June, Bezce Toy Compuny bodoeted 20,000 toy action fiquies to be manufactied in June at standard direct materiaks and direct labor costs as folows: The standard materials price is 50.60 per pound, The standard dired labor rate is 311.00 per hour. At the end of Jane, the actual drect materiats and direct laber casts were as followis: Determine the direct materals quarity and divet labor time variences. Found your per uait coenputations to twro decimal slaces and round vour answers to the nearest dollar, if required. Enter a negative number using a minus sion and an unfavorable variance as a positive number. Direct Materials and Direct Labor Variances At the beginning of June, Bezco Toy Company budgeted 20,000 toy action figures to be manufactured in June at The standard materials price is $0.60 per pound. The standard direct labor rate is $11.00 per hour. At the end of J There were no direct materials price or direct labor rate variances for June. In addition, assume no changes in the Determine the direct materials quantity and direct labor time variances. Round your per unit computations to negative number using a minus sign and an unfavorable variance as a positive number