Question 18 Variance Analysis: Grimm's Gourmet Calculate the direct labor price variance for Grimm's Gourmet. Question 14 2 pts Variance Analysis: Grimm's Gourmet Grimm's Gourmet sells a tray of fifteen fruit kebabs for $30. The standard kebab tray requires 16 ounces of fruit at a standard cost of $0.80 per ounce. The standard assembly time for a tray of fruit kebabs is 12 minutes (.2 hours), and the standard labor wage rate is $10 per hour. It has been budgeted that Grimm's Grills will sell 100 trays of fruit kebabs each month. During May, 110 fruit kebab trays were actually sold at a price of $30 each. A total of 1,650 ounces of fruit were purchased for a total of $1,485. All of the purchased fruit was actually used to produce 110 trays of fruit kebabs. Direct labor for the month was 18 hours at a total labor cost of $198. Fixed overhead costs were $120. Use the above data to calculate efficiency variances, and price variances for the month for direct materials and direct labor. Complete the following table and then input your responses in the questions below. Input all variances as the absolute value (i.e. don't use negatives or positives). Efficiency Variance Price Variance Direct Materials ? ? Direct Labor ? ? Calculate the efficiency variance for direct materials for Grimm's Gourmet. Question 15 The direct materials efficiency variance was favorable. True False Question 16 Variance Analysis: Grimm's Gourmet Calculate the direct materials price variance for Grimm's Gourmet. Question 17 Variance Analysis: Grimm's Gourmet Calculate the direct labor efficiency variance for Grimm's Gourmet