please help

Homework: Chapter Flexible budgets and Save Standard Cost Systems Score: 0.5 of 1 pt 5 of 10 (7 complete) HW Score: 55.55%, 5.55 of 10 pts EM6-19 (similar to) Question Help Best Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2024, using 141,000 square feet of extruded vinyl purchased at $1.15 per square foot. Production required 450 direct labor hours that cost $14.00 per hour. The direct materials standard was seven square feet of vinyl per fender, at a standard cost of $1.20 per square foot. The labor standard was 0.025 direct labor hour per fender, at a standard cost of $13.00 per hour. Read the requirement UITELITAVOI GUST VanTanICE Select the required formulas, compute the efficiency variances for direct materials and direct labor, and identify whether each variance is favorable (F) or unfavorable (U). (Abbreviations used: AC = actual cost; AQ = actual quantity, FOH = fixed overhead, SC = standard cost; SQ = standard quantity.) Formula Variance Direct materials efficiency variance (AQ - SQ) x SC U rec Direct labor efficiency variance (AQ - SQ) x SC F B/1) Choose from any list or enter any number in the input fields and then click Check Answer. ? parts Check