for direct-cost inputs are as follows: EA (Click the icon to view the standards) (Click the icon to view additional information) \begin{tabular}{|c|c|c|} \hline Requirement 1. Calculate the sellin & Required & unfavourable (U). For variances with a $0 balance, make sure to enter 00 in the \\ \hline S & \begin{tabular}{l} Calculate the following variances. Comment on the variances and provide potential \\ reasons why they might have arisen, with particular attention to the variances that \\ may be related to one another: \\ 1. Selling-price variance \\ 2. Direct materials price variance, for each category of materials \\ 3. Direct materials efficiency variance, for each category of materials \\ 4. Direct manufacturing labour price variance, for setup and fabrication \\ 5. Direct manufacturing labour efficiency variance, for setup and fabrication \end{tabular} & \\ \hline \end{tabular} isk is the market leader in the Secure Digital (SD) card industry and sells memory cards for use in portable devices such as mobile phones, tablets, and digital cameras. Its most popula rrough outlets such as Target and Walmart for an average selling price of \$8. MicroDisk has a standard monthly production level of 420,000 Mini SDs in its Taiwan facility. The standard ct-cost inputs are as follows: Data table ourable (U). For variances with a $0 balance Phoebe King, the CEO, is disappointed with the results for June, especially in comparison to her expectations based on the standard cost data. Performance Report, June King observes that despite the significant increase in the output of Mini SDs in June, the product's contribution to the company's profitability has be lower than expected. She gathers the following information to help analyze the situation