Betty's Bakeny fias thy fotewing standard cest sheet for one uen of zs most popular cake Diring the mamen of May, the compacy made 060 cakes and incurred the following ochuar costo Decti inateriais puechased and used (1.500 pocinds) $1,950 brect iabor (t,040 hotira) 511,060 Aesuired 1. Calculdie the direct materias orice variance. 2. Calculate the dicect materiali quantity varaance 3. Facculate the direct materials vartance 4. Calculate the direct laboe rate variance. 6. Galculase the direct labor etficiency variance 6. Calculate Ite diecct labor spensing variarece (For all requirements, Indicate the effect of esch vaciance by telecting "F" for fovorable, "U* for unfavorable, and "None" for ne effect (Le., zero yarionce).) Betty's Bakeny fias thy fotewing standard cest sheet for one uen of zs most popular cake Diring the mamen of May, the compacy made 060 cakes and incurred the following ochuar costo Decti inateriais puechased and used (1.500 pocinds) $1,950 brect iabor (t,040 hotira) 511,060 Aesuired 1. Calculdie the direct materias orice variance. 2. Calculate the dicect materiali quantity varaance 3. Facculate the direct materials vartance 4. Calculate the direct laboe rate variance. 6. Galculase the direct labor etficiency variance 6. Calculate Ite diecct labor spensing variarece (For all requirements, Indicate the effect of esch vaciance by telecting "F" for fovorable, "U* for unfavorable, and "None" for ne effect (Le., zero yarionce).)