The Solene company manufactures a perfume called Caprice. Here are the standards for raw materials and direct labor for a bottle of Caprice Quantity Cost or time or rate standard standard Standard cost Raw materials 7.2 g 2.50 per gram 18.00 S Direct labor 0.4 h 12.50 per hour 5.00 $ During the past month, the following activities were recorded : a) The compahy purchased 20,000 grams of raw materials at $2.40 per gram. b) It used all the raw materials to manufacture 2,500 bottles of Caprice. c) Direct labour amounted to 900 hours at a total cost of $11,700. A) Calculate the purchase cost variance and raw material quantity variance for that month. B) Caleulate the direct labor rate differential and the direct labor time differential for that month