Data table Direct materials standard: 9 square yards at $5.90 per yard Direct manufacturing labor standard: 3 hours at $12.30 per hour Print Done Price variance - - Requirements a. Compute the direct materials price and efficiency variances for the quarter. b. Compute the direct manufacturing labor price and efficiency variances for the quarter. Print Done Jen Draperles manufactures curtains. To complete a curtain, Jen requires the following inputs: Click the icon to view the inputs.) During the second quarter, Jen Draperies made 1,200 curtains and used 10,000 square yards Read the requirements fabric costing $57,000. Direct manufacturing labor totaled 3,800 hours for $45,600 Requirementa. Compute the direct materials price and efficiency variances for the quarter. First, determine e formula and enter the amounts to calculate direct materials actual price of input. (Enter the direct materials actual price of input to two decimal places, $X.XX.) Direct materials actual price of input per square yard Now determine the formula and enter the amounts to calculate the direct materials price variance. Label each variance as favorable (F) or unfavorable (U). (Enter unit costs to two decimal places, $X.XX. Abbreviations used: AO = actual output, BQ = budgeted quantity, DM direct materials.) Price variance Finally, determine the formula and enter the amounts to calculate the direct materials efficiency variance. Label each variance as favorable (F) or unfavorable (U). (Enter unit costs to two decimal places, SX.XX. Abbreviations used: AO = actual output, BQ = budgeted quantity, DM - direct materials.) Efficiency (Usage) variance |- Requirement b. Compute the direct manufacturing labor price and efficiency variances for the quarter. First, determine the formula and enter the amounts to calculate direct manufacturing labor actual price of input. (Enter the direct labor actual price of input to two decimal places, $x.xx.) Direct labor actual price of input per hour Now delermine the formula and enter the amounts to calculate the direct manufacturing labor price variance. Label each variance as favorable (F) or unfavorable (U). (Enter unit costs to two decimal places. $X.XX. Abbreviations used: DL = direct labor) ) Price variante ( Finally determine the formula and enter the amounts to calculate the efficiency variance Label each variance as favorable (F) or unfavorable (U). (Enter unit costs to two decimal places. SX.XX. Abbreviations used: AO actual output. BO - budoeted