Headsound manufactures headphone cases During September 2004, the company produced and sold 108,000 cases and ended the wi (Click the icon to view the cost data) Read the requirements Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor Begin with the cost variances. Select the required formulas, compute the cost variances for direct materials and direct labor and identy whether each vance is favore F) or unable (U) AC cost; AQ actual quantity, FOH fixed overhead SC standard cost SQ standa Direct materials cost variance Direct labor cost vari Next compute the efficien AC actual cost AQ-ack Direct materials efficiency variance Direct labor efficiency variance Formula (AC-SC)-AQ (AC-SC) AQ Variance 10.750 U elect the required formulas, compute the efficiency variances for direct materials and direct labor, and identify whether each variance is favorable for t xed overhead, SC standard cost 50 standet quantity Formula Variance Data table Standard Cost information Quantity Cont Direct Materiale 20 Direct Labor 000 14.00 Variable Manufacturing Overhead 000 Fixed Manufacturing Overheat 33.320 for state budget volume .000 units and 1.000 hours, or $17 per hou Actual Cost Information Direct Materials Direct Labor Variable Manufacturing Overhead 10005521 541.150 (1hours $140 per hour 254 11.000 28 106 Fixed Manufacturing Overhead Print Done Headsound manufactures headphone cases. During Sectember 2026. The company produced and sokt 108,000 cases and recorded the flowing cond Cick the one view the ot Requremant 1. Compute the cost and focyanates tax dedals and Blog w the sol variances Select the auras mus, compute the oust var AQ chal gaily Fotsad wheat DC stavani est 5Q and Direct materials cl variance for det nest direct tabor, and idanty whether ach variance in favorable (f) or under (Le vent AG amat quants) Direct later cost variance AC-SC) AQ ACA FOR 5 st Gaddy) Best materia effency variance Destier cance Help me soles this Get more help Data table Banded Calmatin CUR Red Man of Pro D Help me solve this Get help Datatable L PM Du 4, the company produced and sold 108,000 cases and recorded the following cost data: Data table Standard Cost Information Direct Materials Direct Labor Quantity Cost 2 parts $0.16 per part 0.02 hours 14.00 per hour 0.02 hours 11 per hour Variable Manufacturing Overhead Fixed Manufacturing Overhead ($33,320 for static budget volume of 98,000 units and 1,960 hours or $17 per hour) Actual Cost Information Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead (215,000 parts @$0.21 per part) $ 45,150 (1,660 hours $14.10 per hour) 23.406 11,000 28.000 more help Print Done Next compute the efficiency variances. Select the required formulas, compute the efficiency variances for direct materials and direct labor, and identify whether AC actual cost; AQ = actual quantity: FOH = fixed overhead: SC standard cost; SQ = standard quantity.) Direct materials efficiency variance = Direct labor efficiency variance Formula Variance Homework: Chapter 6 Homework Question 4, PM6-27A (similar to) Part 2 of 5 Headsound manufactures headphone cases. During September 2024, the company produced and sold 108,000 cases and recorded the following cost data Click the icon to view the cost data) Read the requirements HW Score: 71.04%, 17. Points: 0.92 of 8 Requirement 1. Compute the cost and efficiency variances for direct materials and direct labor. Begin with the cost variances. Select the required formulas, compute the cost variances for direct materials and direct labor, and identify whether each variance is favorable (F) om cost: AQ actual quantity: FOH fixed overhead; SC standard cost; SQ standard quantity.) Formula Variance Direct materials cost variance Direct labor cost variance (AC-SC) * AQ (AC -SC) AQ $ 10,750 U = $ 166 U Next compute the efficiency variances. Select the required formulas, compute the efficiency variances for direct materials and direct labor, and identify whether each variance i AC actual cost; AQ actual quantity: FOH = fixed overhead; SC standard cost; SQ = standard quantity.) Direct materials efficiency variance Formula Variance