During March, the company purchased direct materials for $57,090, all of which were used in the production of 3,400 units in addition. 5,200 diect labor hours were worked on the product during the month. The cost of this labor time was $54,600. The following varlances have been computed for the month: Required: 1. For direct materials: a. Compute the actual cost per foot of materials for March. b. Compute the price varance and the spending variance. 2 For direct labor: a. Compute the sthndard direct labor rate per hout. b. Compute the standard hours allowed for the month's production. c. Compute the standard hours allowed per unit of product. Complete this question by entering your answers in the tabs below. Fordirect materials, compute the actual cost per foot of materials for March. Note: Round your answer to 2 decimal places. 1. For direct materials: a. Compute the actua cost per foot of materials for March b. Compute the price variarice and the spending variance 2. For direct labor: a. Compute the standard direct labor rate per hour b. Compute the standard hours allowed for the monthis production. c. Compute the standard hours allowed per unit-of product. Complete this question by entering your answers in the tabs below. 2a. For direct labot, compute the standard direct labor rate per hour. Notel Round your answer to the nearest whole dollar. ob for dinect tabor, compute the standard hours allowed for the month's production. Note Do not round your intermediate value. 2C For direct labor, compute the standard hours allowed per unit of product. Note: Round your answer to 1 decimal place. Sharp Company manufactures a product with the following standards: During March, the company purchased direct materials for $57,090, all of which were used in the production of 3,400 units. In addition, 5,200 direct labor hours were worked on the product during the month. The cost of this labor time was $54,600. The following variances have been computed for the month: Required: 1. For direct materials: a. Compute the actual cost per foot of materials for March b. Compute the price variance and the spending variance. 2. For direct labor a. Compute the standard direct labor rate per hour b. Compute the standard hours allowed for the month's production. c. Compute the standard hours allowed per unit of product. Complete this question by entering your answers in the tabs below. For direct materials, compute the actual cost per foot of materials for March. Notes Round your answer to 2 decimal places. 1. For direct materials: a. Compute the actual cost per foot of materials for March. b. Compute the price variance and the spending variance. 2. Foe direct labor: a. Compute the standard direct labor rate per hour, b. Compute the standard hours allowed for the monthis production. c Compute the standard hours allowed per unit of product. Complete this question by entering your answers in the tabs below. For direct materials, compute the price variance and the spending variance