Material, Labor, and Variable Overhead Variances The following summarized manufacturing data relate to Brown Corporation's May operations, during which 2,000 finished units of product were produced. Normal monthly capacity is 1,100 direct labor hours Direct material Standard b. $12.00/3 Standard Units Costs Total Actual Costs 136 Actual 5,400 $12.10) 377440 Direct labor Standard 0.3 124 112 Actual 50236 22430 Variable everhead Standant $14 17 Adul 14.900 Tota $114140 Determine the following variances: Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable. Materials Variances Actual cost $ 0 Split cost: $ 0 Standard cost $ 0 Materials price $ 0 Materials efficiency s 0 Labor Variances Actual cost $ 0 Split cost $ 0 Standard cost: 5 0 Labor rate $ O Labor efficiency S 0 Variable Overhead Variances Actual cost 0 Split cost $ 0 Standard cost $ 0 Variable overhead spending s 0 Variable overhead efficiency s 0 Please answer all parts of the question. 0 Material, Labor, and Variable Overhead Variances The following summarized manufacturing data relate to Brown Corporation's May operations, during which 2,000 finished units of product were produced. Normal monthly capacity is 1,100 direct labor hours. Standard Units Costs Total Actual Costs Direct material: Standard $12.00/b $36 Actual (6,400 ft. 112.10/b) $77,440 Direct labor Standard (0.5 hr. 124/hr) $12 Actual (950 hrs 123.60/hr) 22.420 Variable overhead Standard (0.5 hr. $14/hr) $7 Actual 14.300 Total $55 $114,160 Determine the following variances: Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable. Materials Variances Actual cost: $ 0 Split cost $ Standard cost $ 0 Materials price $ 0 Materials efficiency $ 0 Labor Variances Actual cost $ 0 Split cost: $ 0 Standard cost: $ 0 Labor rate $ 0 Labor efficiency $ Variable Overhead Variances Actual cost $ 0 Split cost S 0 Standard cost 0 Variable overhead spending $1 0 0 Variable overhead efficiency $ Please answer all parts of the