Rambutan Reels has established the following standard costs for one unit of product: Direct Materials: Standard Quantity = 15.0 lbs Standard Price = $17.40/ lb Direct Labor Standard hours = 2.8 Standard Rate = $22/hr During the month of September, Rambutan spent $4,200,000 to purchase 240,000 pounds of direct material. The total direct labor wages for September were $720,000. Rambutan manufactured 11,000 units of product during September using 160,000 pounds of direct material and 32,000 wirect labor hours. (12 points) Show all your calculations and label each item. a. What is the price variance for the direct materials acquired by Rambutan during September? b. What is the direct material quantity Variance for September? c. What is the direct labor rate variance for September? d. What is the direct labor efficiency variance for September? MacBook Air da DD F11 12 F7 FA F10 F9 I & 7 ( 9 8 ) 0 + 11 U I 0 P. { I } ]