A A B C D L E 1 Chapter 09: Applying Excel 4 Data Exhibit 9-8: Standard Cost Card Inputs Direct materials Direct labor Variable manufacturing overhead 4.0019 6 7 8 Standard Quantity 3.0 pounds 0.50 hours 0.50 hours Standard Price 4.00 per pound 22.00 per hour 6.00 per hour $ $ 10 Actual results: 11 Actual output Actual variable manufacturing overhead cost 13 14 | Actual direct materials cost 15 Actual direct labor cost 2,120 units 7,018.00 Actual Quantity 6,345 pounds 1,210 hours Actual price 4.50 per pound 21.60 per hour $ 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