Young Bay Sufboards manufactures fiberglass surfboards. The standard cost of direct materials and direct manufacturing labor is $223 per board. This includes 40 pounds of direct materials, at the budgeted price of $2 per pound, and 10 hours of direct manufacturing labor, at the budged rate of $14.30 per hour. Following are additional data for the month of July.

Units completed 5,500 units

Direct material purchases 160,000 pounds

Cost of direct materials purcahses $432,000

Actual direct manufacturing labor hours 41,0000 hours

Actual direct labor cost $594,500

Direct materials efficiency variance $1700 F

There were no beginning inventories

1. Compute direct manufacturing labor variances for July

2. Compute the actual pounds of direct materials used in production in July.

3. Calculate the actual price per pound of direct materials purchased

4. Calculate the direct materials price variance