3 - Variance Analysis OzDdezign Ltd produces timber dining tables to sell in Australia. wwwwww Price and quantity standards for the direct costs of production are: 2 metres of timber at $10.50 per metre Direct material Direct labour During April 2022: 2.5 hours at $20 per hour 300 dining tables were produced. 680 metres of timber was used at a cost of $7,550 The direct labour cost incurred was $16,680 for 820 hours Calculate: Direct Material price variance Direct Usage Variance Direct Labour Rate Variance Direct efficiency variance