Headstart manufactures headphone cases. During September 2018, 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 Direct labor cost variance (AC-SC) XAQ . $ 249 U Next compute the efficiency variances Select the required formulas, compute the efficiency variances for direct materials cost, AQ actual quantity: FOH foed overhead: SC standard cost: SQ standard quantity) 1 Data Table used: AC Standard Cost Information Formula Variance Direct materials oficiency variance (AQS) SC $ 450 F Direct laboreficiency variance - ( SQ)X SC - $ 4.500 F Requirement 2. For manufacturing overhead, compute the variable overhead cost and efficiency variances and the fored Direct Materials Direct Labor Variable Manufacturing Overhead Quantity 2 parts 0.02 hours 0.02 hours Cost $ 0.15 per part 9.00 per hour 10.00 per hour Now compute the variable overhead cost and efficiency variances. Select the required formulas, compute the variable ove used: AC actual cost AQ actual quantity, FOHfwed overhead, SC standard cost; SO standard quantity, VOM (U). (Abbe Variance Fored Manufacturing Overhead ($33.320 for static budget volume of 9000 units and 10 hours, or $17 per hour) VOH cool variance VOH efficiency variance Formula (AC-SC) XAQ (AQ - SQ) SC $ $ 6,600 5,000 F F - Now compute these overhead cost and volume variances Select the required formulas, compute the fed overheaded actual cost: AQ actual quantity: FOHfed overhead: SC standard cost standard quantity) Actual Cost Information Direct Materials Direct Labor (213,000 parts@ (1.660 hours $ 0.20 per part) $9.15 per hour) $42,600 15,189 10,000 FOH cost variance FOH volume variance Variable Manufacturing Overhead Food Manufacturing Overhead