Data Exhibit $10-1$: Standard Cost Card Inputs Standard Quantity Standard Price Direct materials $2\mathrm{.}9$ pounds $$4\mathrm{.}00$ per pound Direct labor $0\mathrm{.}60$ hours $$22\mathrm{.}00$ per hour Variable manufacturing overhead $0\mathrm{.}60$ hours $$6\mathrm{.}00$ per hour Actual results: Actual output $2,000$ units Actual variable manufacturing overhead cost $$7,140$ Actual Quantity Actual price Actual direct materials cost $6,500$ pounds $$3\mathrm{.}80$ per pound Actual direct labor cost $1,050$ hours $$21\mathrm{.}60$ per hour Enter a formula into each of the cells marked with a $?$ below Main Example: Chapter $10$ Exhibit $10-4$: Standard Cost Variance Analysis$$Direct Materials Standard Quantity Allowed for the Actual Output, at Standard Price $?$ pounds $?$ per pound $=$ Actual Quantity of Input, at Standard Price $?$ pounds $?$ per pound $=$ Actual Quantity of Input, at Actual Price $?$ pounds $?$ per pound $=$ Direct materials variances: Materials quantity variance $?$ Materials price variance $?$ Materials spending variance $?$ Exhibit $10-6$: Standard Cost Variance Analysis$$Direct Labor Standard Hours Allowed for the Actual Output, at Standard Rate $?$ hours $?$ per hour $=$ Actual Hours of Input, at Standard Rate $?$ hours $?$ per hour $=$ Actual Hours of Input, at Actual Rate $?$ hours $?$ per hour $=$ Direct labor variances: Labor efficiency variance $?$ Labor rate variance $?$ Labor spending variance $?$ Exhibit $10-8$: Standard Cost Variance Analysis$$Variable Manufacturing Overhead Standard Hours Allowed for the Actual Output, at Standard Rate $?$ hours $?$ per hour $=$ Actual Hours of Input, at Standard Rate $?$ hours $?$ per hour $=$ Actual Hours of Input, at Actual Rate $?$ hours $?$ per hour $=$ Variable overhead variances: Variable overhead efficiency variance $?$ Variable overhead rate variance $?$ Variable overhead spending variance $?$

$-1.$ What is the materials quantity variance?

Note: 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?

Note: 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?

Note: 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?

Note: 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?

Note: 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?

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$