Direct Materials and Direct Labor Variances At the beginning f June, Kimber Toy Company budgeted 11,000 toy action figures be manufactured June at standard direct materials and direct labor costs as follows: $19,250 Direct materials 5,280 Direct labor $24,530 Total The standard materials price is $0.70 per pound. The standard direct labor rate i $12.00 per hour. At the end June, the actual direct materials and direct labor costs were follows: $17,700 Actual direct materials Actual direct labor 4,800 Total $22,500 There were no direct materials price or direct labor rate variances for June. In addition, assume no changes in the direct materials inventory balances in June. Kimber Toy Company actually produced 9,800 units during June. Determine the direct materials quantity and direct labor time variances. Round your per unit computations two decimal places, if required. Enter a favorable variance as a negative number using a minus sign and am unfayorable variance as a positive number. 2,100 X Unfavorable Direct materials quantity variance 576 X Unfavorable Direct labor time variance Feedback Check My Work thought of as decreasing costs (a credit). Unfavorable variances can be thought of as increasing costs (a debit). Favorable variances can