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Perfect Pet Collar Company makes custom leather pet collars. The company expects each collar to require 1.90 feet of leather and predicts leather will cost $3.30 per foot. Suppose Perfect Pet made 85 collars during February. For these 85 collars, the company actually averaged 2.10 feet of leather per collar and paid $2.80 per foot. Required: 1. Calculate the standard direct materials cost per unit. (Round your answer to 2 decimal places.) 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. (Round your intermediate calculations and final answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.)

Perfsct Pat Callar Company akes custom koather pat collars. The company cxpacs cach collar to roquins 190 fost of leather and pradicts cather will co paid $2.00 par foct $3.30 pr tupposa Parfact Pst mace 8calars during Fabruary or thesa 05 collars, tha cmpay actually averagcd 2 10 fect cf Icather per collar and 1. Caloulate the standard cincct materials cost per unt (Round your answer to 2 decimal places. Colar 2. WihoutperToming any caloulstions, determine whether the di ect materiels price variance wll be avoreble or unlavoreble. calodelions, oming hs the answeis to 2 selecting Diract Matarial Frica Varanca Direct Meterel Quentty Vanance