k ces 2 181 F2 Required: Use the information in the table to determine the unknown amounts. You may assume that Ironwood does not keep any raw materials on hand. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). W S Standard amount per pan produced Standard price Actual amount used per pan produced Actual price Actual number of pans produced and sold Direct materials price variance Direct materials quantity variance Direct materials spending variance Direct labor rate variance Direct labor efficiency variance Direct labor spending variance X H #3 80 F3 E D $ 4 C DEC 3 Q F4 R O F % 5 V F5 T $ $ Prev G ONT HBO max Direct Materials 2.5 pound 4.20 per pound 2.4 pound 4.10 per pound 2,500 pans 6 1 of 6 B F6 Y H & 7 $ $ Next > A F7 Direct Labor 1.10 hour 16.00 per hour 1.20 hour 15.50 per hour 2,500 pans U * 00 8 J DII F8 1 Ai N M 9 K F9 O < H O F10 P