Kyler Company uses a standard cost system. Job 822 is for the manufacturing of 300 units of the product P521. The company's standards for one unit of product P521 are as follows: Quantity Price Direct material 7 ounces $ 4 per ounce Direct labor 1 hours $ 9 per hour Requirements (a) Determine the direct material price variance for job 822 based on the actual quantity of materials used. (b) Determine the direct material quantity variance for job 822 based on the actual quantity of materials used. (c) Determine the actual quantity of direct labor hours used on job 822 (d) Determine the actual labor costs incurred for job 822. (Click the icon for information regarding the formula selections.) The job required 3,000 ounces of raw material costing $13,500. An unfavorable labor rate variance of $1,232 and a favorable labor efficiency variance of $720 also were determined for this job. Requirement (a) Determine the direct material price variance for job 822 based on the actual quantity of materials used. Determine the formula, then compute the direct material price variance. (Round dollar amounts to the nearest cent. Label the variance as favorable (F) or unfavorable (U).) AP - SP AQ = Direct material price variance C- DC- DC Choose from any list or enter any number in the input fields and then click Check