Calculate the variances and identify whether the variance is favorable (F) or unfavorable (U). (b) Total Direct Materials Variance (c) Total Direct Labor Variance (e) Total Variable Overhead Varlance (f) Total Fixed Overhead Variance (d) Total Manufacturing Overhead Variance (a) Total Flexible Budget Product Cost Variance Data Table Total Flexible Budget Product Cost Variance Total Manufacturing Overhead Variance Total Direct Total Direct Materials Variance Labor Variance Direct Labor Total Fixed Direct Materials Cost Variance S 500 F Direct Materials Efficiency Variance 115 U Direct Labor Cost Variance 360U Total Variable Efficiency Variance Overhead Variance Overhead Variance $555 F Variable Overhead Variable Overhead Fiked Overhead Cost Vriance Efficiency Variance Cost Variance 275 U 350 F 175