Maggie Sound manufactures headphone cases. During July 2021, the company produced 110,000 cases and recorded the following cost data: Standard Cost Information Direct Materials Quandity Cost 3 parts $0.14 per part 0.03 hours $7.85 per hour Variable Manufacturing Overhead 0.03 hours $9.10 per hour Fixed Manufacturing Overhead 2,010 hours $17.40 per hour Direct Labor Actual Cost Information Quantity Cost Direct Materials Direct Labor 210,000 parts $0.21 per part 1,640 hours $8.35 per hour Variable Manufacturing Overhead $8,600 total cost Fixed Manufacturing Overhead $27,600 total cost (Round your answers to two decimal places when needed and use rounded answers for all future calculations). Calculate the direct materials cost variance and the direct materials efficiency variance. (AC ? SC) ? AQ Direct Materials Cost Variance Favorable or Unfavorable (AQ ? SQ) ? SC = = Direct Materials Efficiency Variance Favorable or Unfavorable