Hello, I am missing the values for number two

Chapter 10 HW 2. EX. 1 0.50.ALGO 3. EX. 1 0.52.ALGO Progress: \"3 items Budget Variances, Materials and Labor Cinturon Corporation produces highaquality leather belts. The company's plant in Boise uses a standard costing system and has set the following standards for materials and labor: Leather (5 strips @ $4.00) $20.00 Direct labor (0.75 hr. @ $8.00) 6.00 Total prime cost 526-00 During the first month of the year, the Boise plant produced 30,000 belts. Actual leather purchased was 130,000 strips at $3.40 per strip. There were no beginning or ending inventories of leather. Actual direct labor was 33,000 hours at $11.50 per hour. Required: 1. Compute the costs of leather and direct labor that should be incurred for the production of 30,000 leather belts. Materials -, 600,000 Labor -, 180,000 2. Compute the total budget variances for materials and labor. Total Budget Variance Materials 55:] Favorable Labor 55:] Unfavorable 3. Conceptual Connection: Would you consider these variances material with a need for investigation? Ch , My Work 7 more Check My Work uses remaining, Next )