Lettuce Turnip the Beet, Inc. is a manufacturer of blenders. Given direct material is measured in pounds, which of the following correctly pairs the listed variable with the appropriate label included in either the direct material variances or the direct labor variances?

Question 1 options:

actual price: dollar per pound

quantity purchased: blenders

actual output: hours

standard rate: dollar per blender

direct labor standard input ratio: dollar per blender