Question 2.(input price and quantity variances) Pietro’s Pizza has established the following standards for making one pizza: Dough: 0.6pounds at $2per pound Labor: 0.15hours at $8per hour Actual sales volume for the past month was12,000units. Actual dough and labor quantities and prices were as follows: Dough: 6,600pounds (total) at $1.25per pound Labor: 3,000hours (total) at $9per hour Required: (enter favorable and unfavorable variances as positive and negative numbers, without F or U) (a) What are the input price and quantity variances for dough? input price variance = $(enter negative numbers with a minus, i.e., negative $100 is -100, not ($100)) input quantity variance = $(enter negative numbers with a minus) (b) What are the input price and quantity variances for labor? input price variance = $(enter negative numbers with a minus) input quantity variance = $(enter negative numbers with a minus) ATTACHMENT PREVIEW Download attachment Screen Shot 2016-03-08 at 8.11.22 PM.png