Book Print 0 erences 1 2 3 Data 4 A Chapter 10: Applying Excel 14 5 6 7 8 Variable manufacturing overhead 9 10 Actual results: 11 12 13 15 Exhibit 10-1: Standard Cost Card Inputs Direct materials Direct labor Actual output Actual variable manufacturing overhead cost Actual direct materials cost Actual direct labor cost B Standard Quantity 3.0 pounds 0.50 hours 0.50 hours 1,950 units 6,244.00 Actual Quantity 5,730 pounds 1,115 hours $ $ $ $ $ E Standard Price 4.00 per pound 22.00 per hour 6.00 per hour Actual price 3.60 per pound 22.10 per hour

\begin{tabular}{|c|c|c|c|c|c|c|c|} \hline & A & & B & c & & & E \\ \hline 1 & Chapter 10: Applying Excel & & & & & & \\ \hline 2 & & & & & & & \\ \hline 3 & Data & & & & & r & . \\ \hline 4 & Exhibit 10-1: Standard Cost Card & & & & & & \\ \hline 5 & Inputs & \multicolumn{3}{|c|}{ Standard Quantity } & \multicolumn{3}{|c|}{ Standard Price } \\ \hline 6 & Direct materials & & 3.0 & pounds & $ & 4.00 & per pound \\ \hline 7 & Direct labor & & 0.50 & hours & $ & 22.00 & per hour \\ \hline 8 & Variable manufacturing overhead & & 0.50 & hours & $ & 6.00 & per hour \\ \hline \multicolumn{8}{|l|}{9} \\ \hline 10 & Actual results: & & & & & & \\ \hline 11 & Actual output & & 1,950 & units & . & & ? \\ \hline 12 & Actual variable manufacturing overhead cost & $ & 6,244.00 & & & & \\ \hline 13 & a & \multicolumn{3}{|c|}{ Actual Quantity } & \multicolumn{3}{|c|}{ Actual price } \\ \hline 14 & Actual direct materials cost & & 5,730 & pounds & $ & 3.60 & per pound \\ \hline 15 & Actual direct labor cost & & 1,115 & hours & $ & 22.10 & per hour \\ \hline \end{tabular} c1. What is the variable overhead efficiency variance? Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). c-2. What is the variable overhead rate variance? Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance)