Future White Inc. manufactures sunglasses. During march 2020, the company produced 10,000 glasses and recorded the following cost data: Standard cost information Direct Materials Direct Labor Actual information Direct materials Direct Labor Quantity per unit Cost per part/hour 10 parts 4 hours $ 1 per part $12 per hour Total Quantity Total Cost 90,000 parts 73,440 hours $ 81,000 $ 918,000 Requirements: 1- Find the direct material cost and efficiency variances. 2- Find the direct labor cost and efficiency variances