o Kropf Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturin overhead is applied to products on the basis of direct labor-hours. Standard Quantity or Hours per Unit of Inputs Output Direct materials 9.30 liters $ 8.90 per liter Direct labor 0.70 hours $25.70 per hour Variable manufacturing overhead 0.70 hours $ 7.80 per hour Standard Price or Rate 00:51:01 The company has reported the following actual results for the product for September: Actual output Raw materials purchased Actual cost of raw materials purchased Raw materials used in production Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 11,500 units 107,900 liters $979,500 106,980 liters 7,750 hours $ 205,302 $ 55,414 Required: a. Compute the materials price variance for September. b. Compute the materials quantity variance for September. c. Compute the labor rate variance for September Comnute the labor effirione variance for Sentemher Chp5 & 10-1 Saved Help Save & E Actual direct labor-hours Actual direct labor cost Actual variable overhead cost 7.750 hours $ 205,302 $ 55,414 50:41 Required: a. Compute the materials price variance for September b. Compute the materials quantity variance for September. c. Compute the labor rate variance for September. d. Compute the labor efficiency variance for September e. Compute the variable overhead rate variance for September f. Compute the variable overhead efficiency variance for September. (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zer variance). Input all amounts as positive values.) a b Materials price variance Materials quantity variance Labor rate variance Labor efficiency variance Variable overhead rate variance Variable overhead efficiency variance d e. f