Return to The direct materials and direct labour standards for one bottle of Clean All spray cleaner are given below Direct materials Direct labour Standard Quantity O Hours 5.Billilitres 0.2 hours Standard Price or Rate 50:35 per millilitre $12.00 per hour Standard Cast $ 1.75 3. During the most recent month, the following activity was recorded: a 25.000 mililitres of material was purchased at a cost of $0.30 per mililitre b. All of the material was used to produce 3,000 bottles of Clean All c. 700 hours of direct labour time was recorded at a total labour cost of $8 400 Required: 1. Compute the direct materials price and quantity variances for the month (Indicate the effect of each variance by selecting for favourable, "U" for unfavourable, and "None' for no effectie. zero varionce). favourable, "U" for unfavourable, and "None" for no effect ile zero variances) Return to question Answer is complete but not entirely correct. $ 1250 Materials price variance Materials quantity variance 5 2.450 2. Compute the direct labour rate and efficiency variances for the month, (Indicate the effect of each variance by selecting "Pfor favourable, "U" for unfavourable, and "None" for no effectie, zero variance) Answer is complete but not entirely correct, 5 0 None Labout variance Labour officiency wance 59.600 F