19 Required: 20 Using formulas, compute the following. Input all numbers as positive amounts 21 (Hint: This can be done using the ABS function). 22.23 23 24 (Use cells AS to G16 from the given information to complete this question. All formulas must return positive values. For each varlance, select either "Favorable" or "Unfavorat 26 Standard Cost Variance Analysis - Direct Materials 33. 34 Standard Cost Variance Analysis - Direct Labor 35 Standard Hours Allowed for Actual Output at Standard Rate 36 Actual Hours of input, at Standard Rate 37 Actual Hours of input, at Actual Rate 38 39 Labor efficiency variance Labor rate variance 41 42 Standard Cost Voriance Analys/s - Variable Manufacturing Overhead 43 Standard Hours Allowed for Actual Output at Standard Rate 44 Actual Hours of Input, at Standard hate 45 Actual Hours of ingut, at Actual Rate 50 Using formulas, compute the amount of the unit cost difference that is traceable to each of the variances computed above. 51 52 Materials: 53 Quantity variance 54 Price variance 55 Laboe: 56 Efficiency variance 57 Rate variance 58 Variable overhead: 59 Efficiency variance 60 Rate variance 61 Excess of actual over standard cost per unit 63 19 Required: 20 Using formulas, compute the following. Input all numbers as positive amounts 21 (Hint: This can be done using the ABS function). 22.23 23 24 (Use cells AS to G16 from the given information to complete this question. All formulas must return positive values. For each varlance, select either "Favorable" or "Unfavorat 26 Standard Cost Variance Analysis - Direct Materials 33. 34 Standard Cost Variance Analysis - Direct Labor 35 Standard Hours Allowed for Actual Output at Standard Rate 36 Actual Hours of input, at Standard Rate 37 Actual Hours of input, at Actual Rate 38 39 Labor efficiency variance Labor rate variance 41 42 Standard Cost Voriance Analys/s - Variable Manufacturing Overhead 43 Standard Hours Allowed for Actual Output at Standard Rate 44 Actual Hours of Input, at Standard hate 45 Actual Hours of ingut, at Actual Rate 50 Using formulas, compute the amount of the unit cost difference that is traceable to each of the variances computed above. 51 52 Materials: 53 Quantity variance 54 Price variance 55 Laboe: 56 Efficiency variance 57 Rate variance 58 Variable overhead: 59 Efficiency variance 60 Rate variance 61 Excess of actual over standard cost per unit 63