My work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. 3 Part 1 of 2 5 points Required information: During June, Danby Company's material purchases amounted to 6,000 pounds at a price of $7.30 per pound. Actual costs incurred in the production of 2.000 units were as follows: Direct labor Direct materiali $116,745 ($18.10 per hour) $ 30,660 ($7.30 per pound) The standards for one unit of Danby Company's product are as follows: Direct Labor: Quantity, 3 hours per unit Rate, $18 per hour Direct Material Quantity, 2 pounds per unit Price, $7 per pound Required: Compute the direct-material price and quantity variances, the direct-material purchase price variance, and the direct labor rate and officiency variances. Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (le zero variance). Answer is complete and correct. Direct-material price variance 1.260 Unfavorable Direct-material quantity variance 1.400 Unfavorable Dred material purchase price variance 1.800 Unfavorable Direct-labor rate variance 645 Unfavorable Direct-labor efficiency variance 8.100 Unfavorable Next >> Prev 4 Required information Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Part 22 5 Required 1 Required 2 Required 3 Fill in the amounts in the tables below. Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable" Select "None" and enter "0" for me effect en variance undue and to 2 decimal places Actual Material Cost Direct Material Price and Quantity Variance Projected Material Cast Actual Quantity 4200 O pounds used Actual Phice Quantity 7.300 per pound 4.200 pounds used Standard PIK Quamity 4.000 30,000 29400 28.000 1,200 Unavorable 1400 v 12.000 Untrate Deal vance M Grew 0 Search 4 Part 2 of 2 5 points Required information Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Fill in the amounts in the tables below. Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (ie, zero variance). Round "Actual Price" and "Standard Price" to 2 decimal places. Direct-Material Purchase Price Variances eBook Actual Material Cost of Purchases Actual Quantity Actual Price Projected Material Cost of Purchases Standard Price Actual Quantity H pounds purchased per pound pounds purchased per pound References " 0 0 Direct-material purchase price variance Next> 2 of 2 Required information Complete this question by entering your answers in the taps below. Required 1 Required 2 Required 3 Fill in the amounts in the tables below. Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (ie, zere varianca), Round "Actual Price and "Standard Price" to 2 decimal places. Direct-Labor Rate and Efficiency Variances Book Actual Labor Cost Projected Labor Cost Standard Labor Cost Actual Hours Actual Rate Actual Hours Standard Rate Standard Hours M Standard Ha Hint hours used per hour hours used per hour hours allowed per hour 0 rences $ 0 $ 0 3 Direct-labor rate variance Direct labor efficiency variance Direct-labor variance Help