Direct Materials Under normal conditions, Sarah spends $8.40 per unit of materials, and it will take 3.60 units of material per pair of shoes. During July, Sole Purpose Shoe Company incurred actual direct materials costs of $61,321 for 6,890 units of direct materials in the production of 2,175 pairs of shoes. Complete the following table, showing the direct materials variance relationships for July for Sole Purpose Shoe Company. If required, round your answers to two decimal places. When entering variances, use a negative number for a favorable cost variance, and a positive number for an unfavorable cost variance. Actual Cost Actual Quantity Actual Price Actual Quantity Standard Price 7,090 x X 8.90 7,090 X $ 8.4 63,101 = $ 59,556 x Unfavorable Direct Materials Price Variance: Favorable Direct Materials Quantity Variance: $ 3,545 X 6,216 X Favorable Total Direct Materials Cost Variance: 6,216 X Standard Cost Standard Quantity Standard Price 7,830 $ 8.4 = 65,772 als