he standard cost card for a single unit of Robinson, Incorporated's products is shown below. 1. Compute the direct material, direct labor and variable overhead variances. Novigation: \begin{tabular}{|l|c|c|c|} \hline & & & \\ & Standard Quantity & Standard Price/Rate & Standard Unit Cost \\ \hline Oirect materials: & 2.5 yards & $8.00 per yard & $20.00 \\ \hline Direct labor: & 0.5 hours & $18.00 per hour & 9.00 \\ \hline Variable overhead lbased on labor hours): & 0.5 hours & $10.00 per hour & 5.00 \\ \hline \end{tabular} 1. Consiste the ditect material, direct labor and varlable everhead variances. Complete the following table compariog ectual costs to the flexible budget and master budget. Use formulas for the spending and volume variances so that variance will 10. appear as a negative number if anficyorable and a positive numberif favorable. Note: Uie cell A2 to A15 from the viven information to complete this question: 1. Compute the direct material, direct labor and varlable overhead variances. Complete the following table comparing actual costs to the foxible budget and master budget. Use formulas for the spending and volume variances so that variance will appear as a negative number if unfavorable and a positive number if favorable, Note: Use coll A2 to 415 from the given information to complete this question. Using the formulas provided, compute the following wariances. Wite at statements to enter an For U to indicate whether the vanance is favorable or unfavorable. Note: Use cell A2 io A15 from the given information to coemplete this