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Dir$$ct Materials and D$$irect Labor Variances

At the beginning of June, Bezco Toy Company budgeted $22,000$ toy action figures to be manufactured in June at standard direct materials and direct labor costs as follows:

Direct materials $$38,500$

The standard materials price is $$0\mathrm{.}70$ per pound. The standard direct labor rate is $$11\mathrm{.}00$ per hour. At the end of June, the actual direct materials and direct labor costs were as follows:

$\backslash$table$[[\backslash$table$[[$Actual direct$],[$materials$]],$$$34,400$