Required: 1. Compute the direct materials cost variance, including its price and quantity variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Leave no cells blank - be certain to enter "O" wherever required. Omit the "$" sign in your response.) (Click to select) (Click to select) (Click to select) Direct materials cost variance Price variance Quantity variance References Worksheet Learning Objective: 24-P2 Compute materials and labor variances Difficulty: 3 Hard Learning Objective: 24-P3 Compute overhead variances Check my work Required: 1. Compute the direct materials cost variance, including its price and quantity variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Leave no cells blank - be certain to enter "O" wherever required. Omit the "$" sign in your response.) (Click to select) (Click to select) (Click to select) Direct materials cost variance Price variance Quantity variance References Worksheet Learning Objective: 24-P2 Compute materials and labor variances Difficulty: 3 Hard Learning Objective: 24-P3 Compute overhead variances Check my work