2 Part 2 of 2 Required information Chapter 10: Applying Excel (Algo) [LO10-1, LO10-2, LO10-3] The Chapter 10 Form worksheet is to be used to create your own worksheet version of the main example in the text. 0 points 03 02:23:53 Chapter 10: Applying Excel: Exercise (Part 2 of 2) (Algo) Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: Print References 123456589222222 A eBook 1 Chapter 10: Applying Excel B D E Data Exhibit 10-1: Standard Cost Card Inputs Standard Quantity Standard Price Direct materials 3.0 pounds $ 4.00 per pound 7 Direct labor 0.50 hours $ 22.00 per hour Variable manufacturing overhead 0.50 hours $ 6.00 per hour 10 Actual results: 11 Actual output 1,950 units Actual variable manufacturing overhead cost $ 6,272.50 Actual Quantity Actual price Actual direct materials cost 6,025 pounds $ 3.70 per pound Actual direct labor cost 965 hours $ 22.10 per hour a-1. What is the materials quantity variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, 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 unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the materials quantity variance a-2. What is the materials price variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the materials price variance b-1. What is the labor efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). 31 es b-1. What is the labor efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the labor efficiency variance b-2. What is the labor rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your final answer to nearest whole dollar amount.) The amount of the labor rate variance c-1. What is the variable overhead efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the variable overhead efficiency variance c-2. What is the variable overhead rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance)). The amount of the variable overhead rate variance