Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below. B D E 1 Chapter 10: Applying Excel 2 3 Data 4 Exhibit 10-1: Standard Cost Card 5 Inputs 6 Direct materials 7 Direct labor 8 Variable manufacturing overhead 9 10 Actual results 11 Actual output 12 Actual variable manufacturing overhead cost 13 Actual direct materials cost 15 Actual direct labor cost Standard Quantity 3.0 pounds 0.50 hours 0.50 hours $ $ $ Standard Price 14.00 per pound 22.00 per hour 6.00 per hour $ 1930 units 5,102.00 Actual Quantity 5,766 pounds 890 hours $ $ Actual price 3.70 per pound 21.00 per hour 21-1. What is the materials quantity variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. and "None" for no effect (.e., zero variance)). The amount of the materials quantity varlance a-2. What is the materials price variance? (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effectie., zero variancel). The amount of the materiais price variance b-1. What is the labor efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance)). The amount of the labor efficiency variance b-2. What is the labor rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect i.e., zero variance). Round your final answer to nearest whole dollar amount.) The amount of the labor rate variance c-1. What is the variable overhead efficiency variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance) The amount of the variable overhead efficiency variance -2. What is the variable overhead rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for anfavorable, and "None" for no effect (i.e., zero variance). The amount of the variable overhead rate variance