Cascade Inc. has provided the following information: Standards: Direct materials Direct labor Per unit $ 59.50 8.5 lbs @ $7.00/lb 4.0 hours @ $14.5/hour 5.5 hours @ $13.5/hour 58.00 Variable overhead 74.25 Fixed overhead Total 22.00 $213.75 Budgeted production = 3,400 units 34,400 lbs 16,370 actual hours Actual results Direct materials Direct labor Variable overhead Fixed overhead Units produced $247, 470 $254,600 $ 178,210 $ 79,800 4,000 units a. Calculate the direct materials price variance. (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (.e., zero variance).) Price Variance b. Calculate the direct materials quantity variance. (Indicate the effect of variance by selecting "Favorable", "Unfavorable" of "None" for no effect (i.e., zero variance).) Quantity Variance c. Calculate the direct labor rate variance (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable". "Unfavorable", or "None" for no effect (.e., zero variance).) Rate Variance d. Calculate the direct labor efficiency variance. (Do not round intermediate calculations and round your final answer to nearest dollar amount. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Efficiency Variance e. Calculate the variable overhead rate variance. (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (.e., zero variance).) Rate Variance f. Calculate the variable overhead efficiency variance. (Do not round intermediate calculations and round your final answer to nearest dollar amount. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Efficiency Variance g. Calculate the fixed overhead spending variance. (Indicate the effect of variance by selecting "Favorable". "Unfavorable", or "None" for no effect (i.e., zero variance).) Spending Variance