Exercise 10-27 Diagramming Direct-Material and Direct-Labor Variances (LO 10-3) 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 (57.30 per pound) The standards for one unit of Danby Company's product are as follows: Direct Labort 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. Check my work