2 n2 of 2 Chapter 09: Applying Excel: Exercise (Part 2 of 2) Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below A 1 Chapter 09: Applying Excel B C D E 2 3 Data 4 Exhibit 9-9: Standard Cost Card look 5 Inputs Standard Quantity Standard Price 6 Drect materials 30 pounds $ 4.00 per pound P 03 7 Direct labor 050 hours $ 22.00 per hour 8 Variable manufacturing overhead 0.50 hours 5 6.00 per hour 9 10 Actual results eferences 11 Actual output 2010 units 12 Actual variable manufacturing overhead cost S 6.737 50 13 Actual Quantity Actual price 14 Actual direct materials cost 6,175 pounds $ 4.10 per pound 15 Actual direct labor cost 1,225 hours S 21.80 per hour 1202 Required information a-1. What is the materials quantity variance? (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (ie, zero variance] eBook The amount of the materials quantity variance S 617 fervices 6-2. What is the materials price variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variance]). Print te The amount of the materuds price variance s 580 Check my #2 of 2 Book Prot Ferences Required information b-1. What is the labor efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. and "None" for no effect (ie., zero variance)). The amount of the labor efficiency variance b-2. What is the labor rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., zero variance). Round your final answer to nearest whole dollar amount.) The amount of the labor rate variance 4,840 C Part 2 of 2 Required information c-1. What is the variable overhead efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (.e., zero variance)). 4 The amount of the variable overhead efficiency variance S 613U points eBook Print References: c-2. What is the variable overhead rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., zero variance)). The amount of the variable overhead rate variance $ 1,320