is Question: 5 pts 140124 (5 complete) This Test: 120 pts possible Smithson, Inc is a manufacturer of lead production of 7,400 glasses was 1.4 pounds per glass, at a cost of $0.20 crystal glasses. The standard direct materials quantity is 0.9 pound per glass at a cost of $0.40 per per pound.Calculate the direct pound. The actual result for one month's materials cost variance and the direct materials efficiency variance amounts and compute the cost variance for direct materials and identily whether the variance is favorable (F) or unfavorable (U), Direct Materials Cost vanance Select the formula, then enter the amounts and compute the efficiency variance for direct materials and identily whether the variance is tavorable (F) or unfavorable (U) Direct Materialis Eficiency Variance Choose from any list or enter any number in the input fields and then continue to the next question. Next Previous 8 7 8 9 6 5