Problem 2: Following are the standard costs (both direct and indirect) for a single pair of men's dress pants. The budget is based on the production of 1,500 pairs of pants each month. 2 Standard Costs Materials: Labor: VOH: FOH: X 4 $10 per yard $12 per DLH $4 per DLH $99,000 annually Cost/unit yards of wool $ 20.00 DLH 48.00 DLH 16.00 5.50 $ 89.50 X 4 Actual Costs for June Pants produced Actual DLH & total paid Actual VOH incurred Actual FOH incurred Materials purchased Materials used 1,535 6,100 $74,000 $ 25,000 $ 8,400 3,100 yds at 3,082 yds $9.89 per yard Required: Calculate all cost variances (two each for DM, DL, VOH, and FOH)