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Required Information

EX $10-26,27($Algo$)$ Use the following information for the Exercises below.

During June, Danby Company's materlal purchases amounted to $8,100$ pounds at a price of $$8\mathrm{.}00$ per pound. Actual costs

Incurred in the production of $1,600$ units were as follows:

Direct labor: $$135,975($$$18\mathrm{.}50$ per hour$)$

Direct material: $$39,2($ $$8.9$ per pound$)$

The standards for one unit of Danby Company's product are as follows:

Direct Labor:

Direct Material:

Quantity, $4$ hours per unit

Quantity, $3$ pounds per unit

Rate, $$18\mathrm{.}40$ per hour

Price, $$7\mathrm{.}79$ per pound

EX $10-27($Algo$)$ Diagramming Direct$-$Material and Direct$-$Labor Variances $($LO $10-3)$

Requlred:

Fill in the amounts in the tables below.

Complete this question by entering your answers in the tabs below.

Fill in the amounts in the tables below.

Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter $"0"$ for no effect

$($i$.$e$.,$ zero variance$).).$ Round "Actual Price" and "Standard Price" to $2$ decimal places.