During June, Danby Company's material purchases amounted to 6,900 pounds at a price of $7.70 per pound. Actual costs incurred in the production of 1,500 units were as follows: Direct labor: $120,520 ($18.40 per hour) Direct material: $ 35,420 ($7.70 per pound) The standards for one unit of Danby Company's product are as follows: Direct Labor: Direct Material: Quantity, 4 hours per unit Rate, $18.30 per hour Quantity, 3 pounds per unit Price, $7.40 per pound Required: Compute the direct-material price and quantity variances, the direct-material purchase price variance, and the direct-labor rate and efficiency variances. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).) Direct-material price variance Unfavorable Direct-material quantity variance Unfavorable Direct-material purchase price variance Unfavorable Direct-labor rate variance Unfavorable Direct-labor efficiency variance Unfavorable Part of your company's accounting database was destroyed when Godzilla attacked the city. You have been able to gather the following data from your files. Reconstruct the remaining information using the available data. All of the raw material purchased during the period was used in production. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance). Round "per unit" answer values to 2 decimal places.) Direct Labor Standard price or rate per unit of input Standard quantity per unit of output per hour $ Direct Material 13.00 per lb hours per unit lbs per unit Actual quantity used per unit of output 2.10 hours lbs per unit Actual price or rate per unit of input $ 17.00 per hour $ 12.00 per lb Actual output Direct-material price variance Direct-material quantity variance 8,000 units 8,000 units $ 56,800 F U Total direct-material variance $ 33,400 F Direct-labor rate variance U Direct-labor efficiency variance $ 51,200 F Total direct-labor variance $ 34,400 F