Perfect Pet Collar Company makes custom leather pet collars. The company expects each collar to require 170 feet of leather and predicts leather will cost $2.90 per foot. Suppose Perfect Pet made 65 collars during February. For these 65 collars, the company actually averaged 1.90 feet of leather per collar and paid $2.40 per foot. Required: 1. Calculate the standard direct materials cost per unit. 2. Without performing any calculations, determine whether the direct materials price variance will be favorable or unfavorable. 3. Without performing any calculations, determine whether the direct materials quantity variance will be favorable or unfavorable 6. Calculate the direct materials price and quantity variances Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Req6 Calculate the standard direct materials cost per unit. (Round your answer to 2 decimal places.) Standard Direct Materials per Collar Req 2 and 3 >