fay ilas, compute = standard co Requirement Formula AC -SC) AQ AC -SC) AQ Compute the cost and efficiency variances for direct materials and direct labor. Does the pattern of variances suggest All-Star Fender's managers have been making trade-offs? Explain. ble (U). variances for dil candard quantity Print Done Forn e input fields and then click Check Answer. Clear All All-Star Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2018, using 141,000 square feet of extruded vinyl purchased at $1. per 10 cost $15.00 per hour. The direct materials standard was seven square feet of vinyl per fender, at a standard cost of $130 per square foot. The labor studied wer 01 025 dine hour Read the requirement Begin with the cost variances. Select the required formulas, compute the cast variances for direct materials and direct labor and idently weber och restauratie Forum cost, AQ = actual quantity: FOH = fixed overhead, SC = standard cost: SQ = standard quantity) Formula Variance Direct materials cost variance (AC-SC) * AQ $ 7,050 F (AC-SC) *AQ Direct labor cost variance 5 440U Select the required formulas, compute the efficiency variances for direct materials and direct labor and identify whether each vanaceae FOH = fixed overhead: SC = standard cost, SQ = standard quantity.) Formula Variance Direct materials efficiency variance Choose from any list or enter any number in the input fields and then click Check Answer 2 parts remaining DELL