The Wayno Corpcration manutactures lampe. It has sot up the following standards per firished unit lor direct matarials and direct manufacturing labor: Assume that there was no beginning inventery of eicher direct materials or finished units. During the month, malerials purchased (Click the ioon to viow the standards) amounted to 97,400lb., at a total cost of \$516,220. Input prica variances are isolated cpon purchase. Input-eficiency variances ar The number of fnished units budgoted for January 2017 was 9.740,9.600 isolated at the fime of vasage. unats were actualy produced. (Click the icon to vea aclual data.) Read the ceavitemocts Requirement 1. Compute the January 2017 pece and efficiency variances of direct materials and direct manutacturing laboe. Lers begin by calculating the actual input at the budgeted price. (Round your whawors to the nearest whola dolac) Standards