A B D E 1 Chapter 09: Applying Excel 2 3 Data Exhibit 9-8: Standard Cost Card 4 Inputs 5 6 Standard Quantity 3.0 pounds Direct materials s Standard Price 4.00 per pound 22.00 per hour 0.50 hours S 7 Direct labor Variable manufacturing overhead 0.50 hours S 8.00 per hour 8 9 10 Actual results: Actual output Actual variable manufacturing overhead cost 11 1,950 units 8.244.00 S 12 13 Actual direct materials cost Actual Quantity 5,730 pounds 1,115 hours S Actual price 3.60 per pound 22.10 per hour 14 Actual direct labor cost s 15 a-1. What is the materials quantity variance? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance)). The amount of the materials quantity variance a-2. What is the materials price variance? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero varlance)). The amount of the materials price variance b-1. What is the labor efficiency varlance? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance)). The amount of the labor efficiency variance b-2. What is the labor rate variance? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.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 varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance)). The amount of the variable overhead efficiency variance c-2. What is the variable overhead rate variance? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance)). The amount of the variable overhead rate variance