Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below: B D E A 1 Chapter 19: Applying Excel 2 3 Date 4 5 RESOWN Exhibit 9-9: Standard Cos! Card pus Direct materials Direct labor Variable manufacturing overhead Standard Quantity 3.0 pounds 0.50 hours 0.50 hours s $ s Standard Price 4.00 per pound 22.00 per hour 6.00 per hour 7 8 9 10 11 12 13 14 15 Actual results Actual output Actual variable manufacturing overhead cost 1,960 units $ 5,858.00 Aztai di tay 5,766 pounds 915 heurs Actual direct materials cast Actual direct labor cost $ $ Actus price 4.10 per pound 22.40 per hour 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 effect (l.e., zero variance) The amount of the material 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 (l.e., zero variance) The amount of the labor afficiency variance 62. What is the labor rate variance? Indicate the effect of each varlance by selecting "F* for favorable. "U" for unfavorable, and "None" for no effect (l.ezero variance. Round your final answer to nearest whole dollar amount.) The amount of the laborate variance 920 ot What is the variable overhead efficiency variance? (Indicate the effect of each variance by selecting" for favorable. "U" for unfavorable, and "None" for no effect i.e.zero variance). The amount of the variable verhead officiency variance 2. What is the variable overhead rate variance? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect i.e.zero varlance). The amount of the variable overhead rate variance