Problem 23-2A (Part Level Submission) Ayala Corporation accumulates the following data relative to jobs started and nished during the month of June 2017. Costs and Production Data Actual Standard Raw materials unit cost $2.30 $2.20 Raw materials units used 11,100 10,300 Direct labor payroll $170,200 $164,160 Direct labor hours worked 14,800 15,200 Manufacturing overhead incurred $202,600 Manufacturing overhead applied $205,200 Machine hours expected to be used at normal capacity 43,500 Budgeted xed overhead for June $65,250 Variable overhead rate per machine hour $3.00 Fixed overhead rate per machine hour $1.50 Overhead is applied on the basis of standard machine hours. 3.00 hours of machine time are required for each direct labor hour. The jobs were sold for $460,000. Selling and administrative expenses were $42,100. Assume that the amount of raw materials purchased equaled the amount used. V (3) Compute all of the variances for (1) direct materials and (2) direct labor. (Round answers to 0 decimal places, e.g. 125.) (1) Total materials variance $ ' i Materials price variance $ ' i:i Materials quantity variance $ ' iH (2) Total labor variance ,3 ' ici Labor price variance $ ' i:i Labor quantity variance $ ' i_i Click if you would like to Show Work for this question: Qpen Show Work