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During June, Danby Company's material purchases amounted to 10.710 pounds at a price of $6.40...

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Accounting

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During June, Danby Company's material purchases amounted to 10.710 pounds at a price of $6.40 per pound. Actual costs incurred in the production of 2,550 units were as follows: The standards for one unit of Danby Company's product are as follows: Fill in the amounts in the tables below. (Indicate the effect of each. variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for nt "Actual Price" and "5tandard Price" to 2 decimal places.) Fill in the amounts in the tables below. (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.) Fill in the amounts in the tables below. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "o" for no effect variance).), Round "Actual Price" a ard "Standard Price" to 2 decimal places.)

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