Requirement 2: Revise the data in your worksheet to reflect the results for the subsequent period as shown below 1 Chapter 8: Applying Excel 2 3 Data 4 Exhibit 8-8: Standard Cost Card Inputs Standard QuantityStandard Price $4.00 6 Direct materials 7 Direct labor 8 Variable manufacturing overhead 3.0 pounds 0.50 hours 0.50 hours $22.00 per hour $6.00 per hour 10 Actual results: 11 Actual output 12 Actual variable manufacturing overhead cost 2,040 units $6,372 14 15 Actual direct materials cost Actual direct labor cost Actual Quantity 6,190 pounds 1,080 hours Actual price $4.2 pounds $21.6 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