Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labour standards for one unit of Zoom are given below. Standard price or rate Standard cost Standard quantity or hours Direct materials Direct labour 4.1 kilos 0.5 hours 3.50 per kilo 12.00 per hour During the most recent month, the following activity was recorded: 1. 18,800 kilos of material were purchased at a cost of 3.30 per kilo. 2. All of the material purchased was used to produce 4,000 units of Zoom. 3. 14.35 6.00 A total of 1,600 hours of direct labour time was recorded at a total labour cost of 25,600. Required: 1. a. Compute the direct materials price variance for the month. Direct materials price variance M Gmail YouTube Maps Costing & Variance Analysis LIVE Saved b. Compute the direct materials quantity variance for the month. Direct materials quantity variance 2. a. Compute the direct labour rate variance for the month. (Do not round y intermediate calculations.) Direct labour rate variance