Direct Labor and Direct Materials Variances, Journal Entries Samson Company produces paper towels. The company has established the following direct materials and direct labor standards for one case of pape towels: During the first quarter of the year, 5amson produced 40,000 cases of paper towels. The company purchased and used 160,300 pounds of paper pulp at $0.27 per pound. Actual direct labor used was 80,000 hours at $18.20 per hour. Required: Instructions for parts 1 hand 2i if a variance is zero, enter " 0 " and select "Not applicabie" from the drop down box, 1. Calculate the direct materials price and usage variances. 2. Calculate the direct labor rate and efficiency variances