Cascade Inc. has provided the following information: Standards: Direct materials Direct labor Per unit 12.0 lbs & $126.00 $10.50/16 8.0 hours 16.00 $2.0/hour 9.0 hours 153.00 $17.0/hour 29.00 $324.00 Variable overhead Fixed overhead Total Budgeted production = 1.980 units Actual results Direct materials Direct labor Variable overhead Fixed overhead Units produced 37,600 lbs $407,670 21,620 aetual hours 8411,600 $248,210 $ 83,300 2,600 units a. Calculate the direct materials price variance (Do not round your intermediate can be selecting "Favorable", "Unfavorable'. or "Wonefor no effect file, wo wariancel Prico Variance c. Calculate the direct labor rate variance. (Do not round your intermediate calculations. Indicate the effect of variance by "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance)) Rate Variance d. Calculate the direct labor efficiency variance (Do not round Intermediate calculation and round your own dollar amount. Indicate the effect of variance by selecting Favorable! Unfavoravor "Wanneer iewe Erficiency Variance e. Calculate the variable overhead ready selecting "Favorables vorables or ale v Shed 2. 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 contestations and round your fria nearest dollar amount. Indicate the effect of variance by selecting "Favorable: "Unfavorable or Monor affect variance)-) Efficiency Varianco 9. Calculate the fixed overhead spending variance indicate the effect of variance by : "None" for no effect the zero variancel) Spring HD