Calculate 7 DI T123-3 (similar to) Question Help Smithson Company manufactures shirts. During June, Smithson made 1,800 shirts and gathered the following additional data: Click on the icon to view the data.) Read the requirements 8 D 9. Tot Experi 7. Calculate the direct materials cost variance. Select the formula, then enter the amounts and compute the cost variance for direct materials and identify whether the variance is favorable (F) or unfavorable (U). = Direct Materials Cost Variance 2 17 Data Table St. Ac Act No DIR Ding Direct materials cost standard Direct materials efficiency standard Actual amount of fabric purchased and used Actual cost of fabric purchased and used Direct labor cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual cost of direct labor $8.00 per yard of fabric 1.70 yards per shirt 2,900 yards $23,925 $11.00 per DLHO 3.00 DLHr per shirt 5,510 DLHO $60,059 Sinc (8) price Stan Stand Actua Print Done Now Direct