The Chemung Chemung Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor: LOADING... (Click the icon to view the standards.) The number of finished units budgeted for January 2017 was 10,010; 9,850 units were actually produced. LOADING... (Click the icon to view actual data.) Assume that there was no beginning inventory of either direct materials or finished units. During the month, materials purchased amounted to 100,100 lb., at a total cost of $540,540. Input price variances are isolated upon purchase. Input-efficiency variances are isolated at the time of usage. Read the requirements LOADING... . Requirement Compute the January 2017 price and efficiency variances of direct materials and direct manufacturing labor. Let's begin by calculating the actual input at the budgeted price. (Round your answers to the nearest whole dollar.) Actual input x Budgeted price = Cost Direct materials (purchases) x = Direct materials (usage) x = Direct manufacturing labor x =