Draperies manufactures curtains. To FIGURE OUT a curtain, Jane requires the following inputs: Direct materials standard: 5 square yards at $5.20 per...

Draperies manufactures curtains. To FIGURE OUT a curtain, Jane requires the following inputs:

Direct materials standard:

5 square yards at $5.20 per yard

Direct manufacturing labor standard:

6 hours at $10.10 per hour

During the second quarter, Jane Draperies made 1 comma 300 curtains and used 5 comma 900 square yards of fabric costing $ 29 comma 500. Direct manufacturing labor totaled 7 comma 500 hours for $ 77 comma 250.

Requirement a. Compute the direct materials price and efficiency variances for the quarter.

First, determine the formula and enter the amounts to calculate direct materials actual price of input. (Enter the direct materials actual price of input to two decimalplaces, $X.XX.)

Actual total direct materials cost