Question D: Variance AnalysisThe Las Vegas plant of SpeederCola! Company LLC produces delicious cola soda. At the beginning of the year, the Las Vegas plant had the following standard cost sheet per jug of cola soda:Direct Materials gallons @ $ per gallon:Direct Labor hours @ $ per hour:Fixed Overhead hours @ $ per hour:Variable Overhead hours @ $ per hour:Total Standard Cost per unit:$ $ $ $ $ Overhead is applied on the basis of direct labor hours. The actual results for the year are as follows: Units produced: jugs of soda Direct materials purchased: gallons @ $ per gallon Direct materials used: gallons Direct labor: hours @ $ per hour Fixed overhead: $ Variable overhead: $

Question D: Part Compute the Direct Materials Price Variance. $ FavorableO $ Favorable $ Unfavorable $ Unfavorable Not applicable