The Hawk Company developed the following standards for the manufacture of its product: . Each unit should have 3 pounds of direct materials purchased at $8 per pound. Each unit should be produced in 2 hours at a direct labor cost of $20 per hour. Acual production was 4,000 units using 11,800 pounds o direct materials at a total cost of $96,300 and rehuired 9,400 direct labor hours at a total cost of $182,600. What was the direct labor total variance? Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance. The Hawk Company developed the following standards for the manufacture of its product: Each unit should have 3 pounds of direct materials purchased at $8 per pound. Each unit should be produced in 2 hours at a direct labor cost of $20 per hour. Actual production was 4,000 units using 11,800 pounds of direct materials at a tota cost of $96,300 and required 9,400 direct labor hours at a total cost of $182,600. What was the direct materials price variance? Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance