Question: Attached below, there is a 3rd question on the 2nd page. Thank you. Budgeted Quantity of Direct Materials for Production 960 Budgeted Price of Direct

 Attached below, there is a 3rd question on the 2nd page.

Attached below, there is a 3rd question on the 2nd page. Thank you.

Thank you. Budgeted Quantity of Direct Materials for Production 960 Budgeted Price

Budgeted Quantity of Direct Materials for Production 960 Budgeted Price of Direct Materials per Pound $ 1,955.00 Budgeted Quantity of Direct Labor Hours Used for Production 829 Budgeted Price of Direct Labor per Hour $ 849.00 Budgeted Units Produced and Sold 21,483 Actual Quantity of Direct Materials Used for Production 944 Actual Price of Direct Materials per Pound $ 1,812.00 Actual Quantity of Direct Labor Hours Used for Production 832 Actual Price of Direct Labor per Hour $ 852.00 WITH THE ABOVE DATA SOLVE THE FOLLOWING QUESTIONS REGARDING YOUR PRODUCT: QUESTION ONE What is the Direct Manufacturing Labor Price Variance? Record answer in dollars and cents here Record whether above answer is "favorable" or "unfavorable here QUESTION 2 What is the Direct Manufacturing Material Price Variance? Record answer in dollars and cents here Record whether above answer is "favorable" or "unfavorable here QUESTION 3 What is the Direct Manufacturing Labor Efficiency Variance? Record answer in dollars and cents Record whether above answer is "favorable" or "unfavorable here

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