nnect.html Help Save& Exit Submit Check my work During June, Danby Company's material purchases amounted to 6,000 pounds at a price of $730 per pound. Actual costs incurred in the production of 2,000 units were as follows 10 polnts Direct labor: Direct material: $116,745 ($18.10 per hour) 30,660 ($7.30 per pound) The standards for one unit of Danby Company's product are as follows rs per unit Quantity, 2 pounds per unit Required: ute the direct-material price and quantity variances, the direct-material purchase price variance, and the direct-labor rate and electing "Favorable" or "Unfavorable". Select "None" and enter "O" efficiency variances. (Indicate the effect of eech variance by s for no effect (i.e., zero variance).) Direct-labor rate variance Direct-labor efficiency variance