Question 2 > Struck-Bell & Frank Company has the below information available about their product: Inputs Standard Quantity or Hours Direct materials Direct labor Variable overhead Standard Price or Rate Standard Cost Per Unit 18 Pounds $ 3.00/pound A? 0.70 Hours $ 27.00 /hour B? 0.40 Hours $ 7.00 /hour $2.8 The company reported the following results concerning this product in May. Actual output 4,400 Actual direct labor-hours Actual cost of raw materials purchases 2,480 $113,510 Actual direct labor cost $ 64,480 Required: a. What is the Standard cost of direct materials per unit? b. What is the Standard cost of direct labor per unit? c. Compute the labor efficiency variance. d. Compute the labor rate variance. e. What is the labor spending variance?