Direct Materials and Direct Labor Variances At the beginning of June, Bezco Toy Company budgeted 21,000 toy action figures to be manufactured in June at standard direct materials and direct labor costs as follows: Direct materias $12,600 Direct labor 10,500 $23,100 The standard materials price is $0.40 per pound. The standard direct labor rate is 10.00 per hour. At the end of June, the actual direct materials and direct tobor costs were as follows: Total $11,800 Actual direct materials Actual direct labor 9,000 $21,600 Total There were no direct materials price or direct laborate variances for June. In addition, assume no changes in the direct materials inventory balances in June. Bezco Toy Company actually produced 19,100 units during June Determine the direct materials 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 Direct materials quantity variance -600 X Unfavorable Direct labor time variance 537 X Unfavorable