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Required: Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June; Note: Indicate the effect of each

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Required: Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June; Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Amber Company produces iron table and chair sets. During October, Amber's costs were as follows: Required: 1. Calculate the total cost of purchases for October. 2. Compute the direct materials price variance based on the actual quantity purchased. 3. Calculate the direct materials quantity variance based on the actual quantity used. 4. Compute the standard direct labor rate for October. 5. Compute the direct labor efficiency variance for October

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