Question: 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

 a-1. What is the materials quantity variance? (Indicate the effect of

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-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)).

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)).

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.)

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)).

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)).

Required information 1 Chapter 19: Applying Excel 4 Data Exhibit 9-8: Standard Cost Card Inputs Direct materials Direct labor Variable manufacturing overhead 6 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 $ $ 8 9 11 Actual results: Actual output Actual variable manufacturing overhead cost $ 13 1,900 units 6,510.00 Actual Quantity 5,470 pounds 1,050 hours 14 Actual direct materials cost Actual direct labor cost Actual price 4.10 per pound 22.20 per hour 15 $

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