a-1. What is the materials quantity variance?

a-2. What is the materials price variance?

b-1. What is the labor efficiency variance?

b-2. What is the labor rate variance?

c-1. What is the variable overhead efficiency variance?

c-2. What is the variable overhead rate variance?

1 2 3 4 7.8.9 1011114 5 6 Direct materials 12 13 A Chapter 10: Applying Excel 15 Data Exhibit 10-1: Standard Cost Card Inputs Direct labor Variable manufacturing overhead Actual results: Actual output Actual variable manufacturing overhead cost Actual direct materials cost Actual direct labor cost B Standard Quantity 3.0 pounds 0.50 hours 0.50 hours 2,160 units C 6,752.00 Actual Quantity 6,585 pounds 1,055 hours $ SA $ $ D E Standard Price 4.00 per pound 22.00 per hour 6.00 per hour Actual price 3.90 per pound 21.70 per hour