Required: Compute the following variances for the month of May: (10 Points each) 1. Direct material price variance A. 3,240 U B. 2,200 U C. -3,240 F D. -2,200 F E. None of the above 2. Direct material quantity variance A. 19,240 U B. -19,240 F C. -18,200 F D. 18,200 U E. None of the above 3. Direct-labor rate variance. A. 8,000 U B. 6,750 U C. -8,000 F Tiener AT Required: Compute the following variances for the month of May: (10 Points each) 1. Direct material price variance A. 3,240 U B. 2,200 U C. -3,240 F D. -2,200 F E. None of the above 2. Direct material quantity variance A. 19,240 U B. -19,240 F C. -18,200 F D. 18,200 U E. None of the above 3. Direct-labor rate variance. A. 8,000 U B. 6,750 U C. -8,000 F Tiener AT