Gulliermo's Oi and Lube Company is a service company that offers ol changes and lubrication for automobiles and light thucks. On average, Guillermo has found that tvpical oil change takes 26 minutes and 6.6 quarts of oll are used. In June, Gulliermo's oil and Lube had 960 oil changes. Gullermo's Oil and Lube Company provided the following information for the production of ail changes during the month of June: Actual number of ol changes performed: 960 Actual number of quarts of oil used: 6,900 quarts Actual price paid per quart of oll: $5.30 Standard price per quart of oll: $5.20 Required: 1. Calculate the drect materials price variance (MPV) and the direct matertals usege variance (MUM) for June using the formula approach. If required, round your answers to the nearest cent. 2. Caiculate the total direct materiais variance for oil for June. If required, round your answer to the nearest cent. 3. What if the actual number of quarns of oll purchased in lune Aad been 6,890 quarts, and the materias peice variance was calculated ot the time of purchase? if required, round your answers to the nearest cent. What would be the materials price variance (MPV)? What would be the materials usage varance (MUM