Revise the data in your worksheet to reflect the results for the subsequent period as shown below:

	A	B	C	D	E	F
1	Chapter 8: Applying Excel
2
3	Data
4	Exhibit 8-8: Standard Cost Card
5	Inputs	Standard Quantity		Standard Price
6	Direct materials	3.0	pounds	$4.00
7	Direct labor	0.50	hours	$22.00	per hour
8	Variable manufacturing overhead	0.50	hours	$6.00	per hour
9
10	Actual results:
11	Actual output	2,190	units
12	Actual variable manufacturing overhead cost	$7,906
13		Actual Quantity		Actual price
14	Actual direct materials cost	6,530	pounds	$4.3	pounds
15	Actual direct labor cost	1,340	hours	$22.1	per hour
16

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).)

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 (i.e., zero variance).)

b-1.	What is labor 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).)

b-2.	What is 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).)

c-1.	What is 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).)

c-2.	What is 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 variance).)