Calculate the variances and identify whether the variance is favorable (F) or unfavorable (U). Data table (b) Total Direct Materials Variance (c) Total Direct Labor Variance (e) Total Variable Overhead Variance (1) Total Fixed Overhead Variance (d) Total Manufacturing Overhead Variance (a) Total Flexible Budget Product Cost Variance Total Flexible Budget Product Cost Variance (a) Total Direct Total Direct Total Manufacturing Materials Variance Labor Variance Overhead Variance (C) (d) (b) Direct Materials Direct Materials Direct Labor Direct Labor Total Variable Total Fixed Cost Variance Overhead Variance Overhead Variance Efficiency Variance $ Cost Variance Efficiency Variance $ 460 U $ $ 480 F 165 U 555 F (e) 0 Fixed Overhead Variable Overhead Variable Overhead Cost Variance Efficiency Variance $ 475 U $ 550 F Cost Variance $ 175 F