1 2 3 Data 4 Exhibit 10-1: Standard Cost Card 5 Inputs 6 Direct materials 7 Direct labor Variable manufacturing overhead 5680 9 10 |1|12|13|14 15 14 Chapter 10: Applying Excel Actual results: Actual output Actual variable manufacturing overhead cost Actual direct materials cost Actual direct labor cost $ Standard Quantity 3.0 pounds 0.50 hours 0.50 hours $1,980 units 5,824.00 Actual Quantity 6,150 pounds 1,040 hours $ $ $ $ $ Standard Price 4.00 per pound 22.00 per hour 6.00 per hour Actual price 4.50 per pound 22.50 per hour a-1. What the materials quantity variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorab and "None" for no effect (i.e., zero variance)).

a-1. What is the materials quantity variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavora and "None" for no effect (i.e., zero variance))