YD Clothing Ltd produces and sells special sport shoes for supporting soccer players. Price and quantity standards for the direct costs of production for a pair of shoes are: Specification for ONE PAIR OF SPORT SHOES Silky Leather Material 1 metres @ $40 per metre Direct Labor 2.5 hours @ $30.00 per hour During May 2020: . 1,637 pairs of sport shoes were produced. 24,979 metres of Silky leather were used at a cost of $ 278,550 The direct labour cost incurred was $85,750 for 2,450 hours Required: Calculate the Direct Material Price Variance