During June, Danby Company's material purchases amounted to 6,000 pounds at a price of $7.30 per pound. Actual costs incurred in the production of 2,000 units were as follows: Direct labor: Direct material: $116,745 ($18.10 per hour) $ 30,660 ($7.30 per pound) The standards for one unit of Danby Company's product are as follows: Direct Labor: Quantity, 3 hours per unit Rate, $18 per hour Direct Material: Quantity, 2 pounds per unit Price, $7 per pound Required: Fill in the amounts in the tables below. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Fill in the amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter variance).). Round "Actual Price" and "Standard Price" to 2 decimal places.) Direct-Material Price and Quantity Variances Projected Material Cost Actual Quantity Price 4,200 * $ 7.00 pounds used per pound * Actual Material Cost Actual * Actual Price Quantity 4,200 * $ 7.30 pounds used per pound Standard Standard Material Cost Standard * Standard Price Quantity 2,000 * $ 7.00 pounds allowed per pound $ 30,660 $ 29,400 $ 14,000 1,260 Unfavorable Unfavorable Direct-material price variance Direct-material quantity variance Unfavorable Direct-material variance Required 1 Required 2 >