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Help please Sammy Inc. data: Budgeted production 1,000 units Actual production 950 units Materials: Standard price per pound $2.00 Standard pounds per completed unit 12

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Sammy Inc. data: Budgeted production 1,000 units Actual production 950 units Materials: Standard price per pound $2.00 Standard pounds per completed unit 12 Actual pounds purchased and used in production 11,500 Actual price paid for materials $21,850 Actual price per pound $1.90 Labor: Standard hourly labor rate $14 per hour Standard hours allowed per completed unit 4.80 Actual labor hours worked 4,660 Actual total labor costs $62,910 Actual hourly labor rate $13.50. per hour Compute the (1) direct materials price, (2) direct materials quantity variances and (3) total direct materials cost variance for the company using the above information. Label your answers and show your all calculations to get any credit

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