Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below Chapter 8:Applying Excel 3 Data 4 Exhibit 8-8: Standard Cost Card Inputs Standard Quantity Standard Price 6 Direct materials 7 Direct labor 8 Variable manufacturing overhead 3.0 pounds 0.50 hours 0.50 hours 54.00 $22.00 per hour 56.00 per hour 10 Actual results 11 Actual output 12 Actual variable manufacturing overhead cost$4,676 13 14 Actual direct materials cost 15 Actual direct labor cost 2,160 units Actual Quantity 6,655 pounds 835 hours Actual price $4.3 pounds 522.1 per hour a-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 (i.e., zero variance.) The amount of the materials quantity variance