Exercise 10-30 Reconstructing Standard-Cost Information from Partial Data (LO 10-1, 10-3) Part of your company's accounting database was destroyed when Godzilla attacked the city. You have been able to gather the following data from your files. Reconstruct the remaining information using the available data. All of the raw material purchased during the period was used in production. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance). Round "Standard Quantity per Unit of Output for Direct Material" to 2 decimal places.) Standard price or rate per unit of input Direct Labor per hour Direct Material $ 8 per lb Standard quantity per unit of output hours per unit lbs per unit Actual quantity used per unit of output 3.5 hours lbs per unit Actual price or rate per unit of input $ 21 per hour $ 7 per lb Actual output Direct-material price variance Direct-material quantity variance Total direct-material variance Direct-labor rate variance 10,000 units 10,000 units $ 30,000 F $ 10,000 F Direct-labor efficiency variance Total direct-labor variance $ SASA $ 100,000 F 65,000 F