(Click on the icon to vew the data) Read the requirements 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) 8. Calculate the direct matecials eficiency variance. Select the formula, then enter the amourits and compute the efidency variance for direct matecials and identify whether the variance is favorable (F) or unfavorable (U). 9. Calculate the total direct materials variance and identify whother the variance is favorablo or unfavorabie The totul dired materials variance is Goldman Company manufactures shirts. During June. Goldman made 1,300 shirts and gathered the following additional data: (Click on the icon to view the data) Read the requirements. 10. Calculate the direct labor cost variance Select the formula, then enter the amounts and compute the cost variance for direct labor and identify whether the variance is favorable (F) or unfavorable (U). 11. Calculate the direct labor efficiency variance. Select the formula, then eoter the amounts and compute the efficiency variance for drect labor and identify whether the variance is favorable (F) or unfavorable (U) Data table Requirements