Standards for one of Patterson, Incorporated's products is shown below, along with actual cost data for the month: \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{9}{|l|}{ Direct materials: } \\ \hline Standard & 2.4 & 4 yards @ & $2.75 & per yard & $6.60 & & & \\ \hline Actual & 3.0 & 0 yards @ & $2.70 & per yard & & $8.10 & & \\ \hline \multicolumn{9}{|l|}{ Direct labor: } \\ \hline Standard & 0.6 & 6 hours@ & $18.00 & per hour & 10.80 & & & \\ \hline Actual & 0.5 & 5 hours@ & $22.00 & per hour & & 11.00 & & \\ \hline \multicolumn{9}{|l|}{ Variable overhead: } \\ \hline Standard & 0.6 & 6 hours@ & $7.00 & per hour & 4.20 & & & \\ \hline Total cost per unit & & & & & $21.60 & $22.65 & & \\ \hline Excess of actual cost over standard cost per unit & & & & & & $1.05 & & \\ \hline Actual production for the month & 13,500 & 0 units & & & & & & \\ \hline \multicolumn{9}{|c|}{ Variable overhead is assigned to products based on direct labor hours. There was no beginning or ending inventory of materials for the month. } \\ \hline \multicolumn{9}{|l|}{ Required: } \\ \hline \multicolumn{9}{|c|}{ Using formulas, compute the following. Input all numbers as positive amounts. } \\ \hline \multicolumn{8}{|c|}{(UsecellsA5toG14andcellB16fromthegiveninformation,aswellascellsA27toD62tocompletethisquestion.Allformulasmustreturnpositivevalues.Foreachvariance,either"Favorable"or"Unfavorable".)} & select \\ \hline \multicolumn{9}{|l|}{ Standard Cost Variance Analysis - Direct Materials } \\ \hline Standard Quantity Allowed for Actual Output at Standard Price & $89,100 & & & & & & & \\ \hline Actual Quantity of Input, at Standard Price & $111,375 & & & & & & & \\ \hline Actual Quantity of Input, at Actual Price & $109,350 & & & & & & & \\ \hline Materials quantity variance & ($111,372) & Unfavorable & Formula mu & ust return & lue & & & \\ \hline Materials price variance & & Favorable & & & & & & \\ \hline \end{tabular}