Information provided: Champlain Manufacturing has two drect cost casegories: direct materlals and diect labor costs. The company's variable manufacturing ovethead is allocated to products based on standard drect labor hous. The following informaton ind caks the standards of Champlain's manufacturing costs: Partal and Part bl Calculate the following varlances: Drect Matenlals Price Varlance and Drect Materlals Quantic Variance Provide a dossible reason for the fivonable or uniavonable Drect Materials Pice Vaniance. Provide a dossible reason for the favorable or unfavonble Drect Materials Quantitu Vaniance Provide a oossible meason for the favonable or untavonble Total Drect Mawerials Variance, Partc) and Part d) Calculate the following varlances: Drect Labor Rate Varlance and Drect Labor Etfciency Vanlance Provide a oossible mason for the favonable or unfavonble Drect Labor Rave Vaniance Provide a oossible mason for the favorable or unfavonble Drect Labor Eftciencv Variance Provide a possible mason for the favorable or unfavorable Toal Drect Labor Variance. Parte) and Partf) Calculate the following varlances: Varlable Manufacturing Oventead Spending Varlance and Varlable Manufacturing Oventead Efficiency Varlance Provide a oossible meason for the favonble or untavonable Vanlable Manufacturing Ovethead Soending Vantance Provide a cossible mason for the favonble or unfavonble Varlable Manufactuing Oventead Efficiencr Vaniance. Provide a cossible mas on for the favonable or unfavonble Total Varlable Overthead Variance. Information provided: Champlain Manufacturing has two drect cost casegories: direct materlals and diect labor costs. The company's variable manufacturing ovethead is allocated to products based on standard drect labor hous. The following informaton ind caks the standards of Champlain's manufacturing costs: Partal and Part bl Calculate the following varlances: Drect Matenlals Price Varlance and Drect Materlals Quantic Variance Provide a dossible reason for the fivonable or uniavonable Drect Materials Pice Vaniance. Provide a dossible reason for the favorable or unfavonble Drect Materials Quantitu Vaniance Provide a oossible meason for the favonable or untavonble Total Drect Mawerials Variance, Partc) and Part d) Calculate the following varlances: Drect Labor Rate Varlance and Drect Labor Etfciency Vanlance Provide a oossible mason for the favonable or unfavonble Drect Labor Rave Vaniance Provide a oossible mason for the favorable or unfavonble Drect Labor Eftciencv Variance Provide a possible mason for the favorable or unfavorable Toal Drect Labor Variance. Parte) and Partf) Calculate the following varlances: Varlable Manufacturing Oventead Spending Varlance and Varlable Manufacturing Oventead Efficiency Varlance Provide a oossible meason for the favonble or untavonable Vanlable Manufacturing Ovethead Soending Vantance Provide a cossible mason for the favonble or unfavonble Varlable Manufactuing Oventead Efficiencr Vaniance. Provide a cossible mas on for the favonable or unfavonble Total Varlable Overthead Variance