E9-13 Determining Actual Costs, Standard Costs, and Varlances LO 9-3, 9-4] Amber Company produces iron table and chair sets. During October, Amber's costs were as follows: Actuel purchase price Actual direct labor rale Standard purchase price Standard quantity for for sets produced Standart direct labor hours allowed Actual quantity purchased in October Actual direct labor hours Actual quantity used in October Direct labor rale variance $ 3.20 per b. $ 8.10 per hour $ 3.00 per bo 1.020,000 lbs 21,000 1.385,000 lbs 19.000 1.000.000 Ibe $6,400 F Required: 1. Calculate the folal cost of purchases for October Total Purchases 2. Computer the direct materials price variance based on quantity purchased. (Indicate the effect of each variance selecting "F" for favorable, "U" for unfavorable. Direct Materials Price Variance 3. Calculate the direct materials quantity variance based on quantity used. (Indicate the effect of each variance selecting "F" for favorable, "U" for unfavorable.) Mataral Quantity Varianen 4. Compute the standard direct labor rate for October. (Round your answer to 2 decimal places.) Standard Direct Labor Rate 5. Compute the direct labor efficiency variance for October. (Round your intermediate calculation to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Direct Labor Efficiency Variance