Standard cost information: Standard Quantity / Unit Standard Price Standard Cost / Unit Direct Material 2 $0.75 $1.50 Direct Labor 5 $0.35 $1.75 Variable Overhead 3 $1.20 $3.60 Actual cost information: Total Actual Used Total Actual Cost Direct Material 19,500 $19,500 Direct Labor 34,500 $15,750 Variable Overhead 18,000 $22,000 Do not enter dollar signs or commas in the input boxes. Round all Unit values to 2 decimal places. Round all other answers to the nearest whole number. Enter all variances as positive values. a) Complete Direct Materials variance analysis. Actual Results / Total Actual Units Produced Materials / Unit Produced Price/Unit Unit Results 1.00 7,500 Total Price Variance AQ x SP Quantity Variance 7,500.00