Gibson Fruit Drink Company planned to make 209,000 containers of apple juice. It expected to use two cups of frozen apple concentrate to make each container of julce, thus using 418,000 cups of frozen concentrate. The standard price of one cup of apple concentrate IS $0.24. Gibson actually paid $119,364 to purchase 426,300 cups of concentrate, which was used to make 210,000 containers of apple Juice. Requlred: b. Compute the actual price per cup of concentrate. Note: Round your answer to 2 decimal places. c. Compute the standard quantity (number of cups of concentrate) required to produce the containers. d. Compute the materials price varlance and Indicate whether it is favorable (F) or unfavorable (U). Note: Select "None" If there is no effect (l.e., zero varlance). Round "Prlce varlance" to 2 decimal places. e. Compute the materials usage varlance and Indicate whether it is favorable (F) or unfavorable (U). Note: Select "None" If there is no effect (l.e., zero varlance). Round "Usage varlance" to 2 declmal places