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3 TB Problem Qu. 10-224 (Algo) Kropf Incorporated has provided the following date . Kropf Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. d Quantity or points per Unit tandard Price o Direct materials 8.40 liters $ 8.00 per liter Direct labor else hours $ 31.78 per hour Variable manufacturing overhead e. se hours $ 6.90 per hour eBook The company has reported the following actual results for the product for September: Actual output 16, see units terials purchased 92, Bee liters References Actual cost of raw materials purchased Raw materials used in production 85 676 liters Actual direct labor-hours s. ese hours Actual direct labor cost $ 1es, 362 Actual variable overhead cost s Be | 414 Required: a. Compute the materials price variance for September b. Compute the materials quantity variance for September c. Compute the labor rate variance for September d. Compute the labor efficiency variance for September e. Compute the variable overhead rate variance for September If. Compute the variable overhead efficiency variance for September (Indicate the effect of each varlance by selecting for favorable, "U" for unfavorable, and "None" for no effect (L.e., zero variance). Input all amounts as positive values.) a. Materials price variance b. Materials quantity variance c. Labor rate variance d. Labor efficiency variance head rate variance e. Variable overhead me If Variable overhead effile