Help Center Question 37 The following data is given for Tesla Inc.: 980 units $2.00 11,800 $23,000 Actual production Materials: Standard price per pound Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate Actual variable overhead costs S14 per hour 4,560 $62,928 $27.000 $3.50 per standard labor hour $15,500 Overhead is applied based on standard labor hours. Compute the direct materials price and quantity variances for Tesla Inc. HTML Edita BIVAA. I E321 X, SE La