Required information Duing June, Danby Company's rmaterial purchases amounted to 7,000 pounds at a pice or $7,50 per pocind. Actual costs. incurred in the production of 1.500 units were as follows: The standards for one unit of Danby Company's product are as follow: equired: If in the amounts in the tabies betow. Complete this question by entering your answers in the tabs below. Fill in the arpounts in the tables bolow. Price" to 2 dopimal staces. Fill in the amounts in the tables below. Note: Indicate the effect of each varfance by selecting "Favorable" or "Unfavorable". Seloct "None" and enter "O" for no effect (Lei, zero variance).). Rou Pricel to 2 decimal places. Required information Fill in the amounts in the tables below. Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter " 0 " for no effe (i.e., zero variance).). Round "Actual Price" and "Standard Price" to 2 decimal places. Fill in the amounts in the tables below. Note: Tndieate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero varla "Standard Ptice" to 2 decimal places