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A company uses the per unit direct materials and direct labor standard costs below. Direct materials (2 pounds @ $24 per pound) Direct labor (3 hours @ $40 per hour) Actual costs to produce 9,150 units this period follow. Direct materials (16,800 pounds @ $27 per pound) Direct labor (28,600 hours @ $35 per hour) $ 48 120 $ 453,600 1,001,000 AH Actual Hours AQ Actual Quantity SH Standard Hours SQ Standard Quantity AR Actual Rate AP Actual Price SR Standard Rate SP Standard Price Enter answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances, along with the total direct materials variance. Note: For each variance, select favorable, unfavorable, or no variance. Actual Cost Standard Cost