Perfect Pet Collar Company makes custom leather pet collars. The company expects each collar to require 2.05 fect of leather and predicts leather will cost $3.60 per foot. Suppose Perfect Pet made 55 collars during February. For these 55 collars, the campany actually averaged 2.20 feet of leather per collar and paid $3.20 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 anterino your answers in the tabs balow. Calculate the standard direct materials cost per unit. (Round your answer to 2 decimal ploces). 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. 2. Without performing any calculations, determine whether the direct materials price variance will be favorable or unfavoroble. 3. Without performing any calculetions, determine whether the direct materials quantity variance will be favorable or unfavorable. 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 bolow. Calculate the direct materials price and quantity variances. (Round your intermediate calculations and final answers to 2 decimal places. Indicate the effect of each varlance by selecting " F " For favorable, " U " for unfovorable, and "None" for no effect (i.e., zero variance).)