Support DM & DL variances In December, Sam Antari, president of Antari Inc, received the following information from Denise Sweet, the new controller, in regard to November production of travel bags November production 4300 bags Actus cost of material purchased and used $14550 Standard material lowed sure yard per bas Material quantity variance 1600 Stand price per yard of material 56 Actual hours worked 9.760 hours Scandard labor time perbas 2 hours Laborate and 11464 Standardborrate per hour $17 Antani asked Sweet to provide the following information Standard quantity of material allowed for November production square yards 1. Standard direct labor hours allowed for November production standard hours allowed Material price variance NAGRAMS Antari asked Sweet to provide the following information: a. Standard quantity of material allowed for November production square yards b. Standard direct labor hours allowed for November production standard hours allowed c. Material price variance Note: Do not use a negative sign with your answer. Material price variance 5 d. Labor efficiency variance Note: Do not use a negative sign with your answer. Labor efficiency variance $ e. Standard prime (direct material and direct labor) cost to produce one travel bag $ f. Actual cost to produce one travel bag in November Note: Round your final answer to two decimal places