Direct Materials and Direct Labor Variances At the beginning of June, Bezco Toy Company budgeted 24,000 toy action fogures to be manufactured in June at standard direct materials and direct fabot costs as follows: The standard materials price is $0.60 per pound. The standard direct labor rate is $13,00 per hour. At the end of June, the actual direct materials and direct labor costa were as follows: There were no direct materials peice or tirect labor rate variances for June. In addition, assume no changes in the direct materiais inventory balances in fune. Bezco Toy Company actually produced 21,400 units during June. Determine the direct moterials quantity and direct labor time variances. Round your per unit computations to two decimal places and round your answers to the nearest dollar, If required. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number