Smithson Company manufactures shirts. During June, Smithson made 2,000 shirts and gathered the following additional dat (Click on the icon to view the data.) Read the requirements. 7. Calculate the direct materials cost variance. Select the formula, then enter the amounts and compute the cost variance for direct materials and identify whether the variance is favorable (F) or unfavorable (U). ( ) X 11 Direct Materials Cost Variance 11 8. Calculate the direct materials efficiency variance. Select the formula, then enter the amounts and compute the efficiency variance for direct materials and identify whether the variance is favorable (F) or unfavorable (U). Direct Materials Efficiency Variance 9. Calculate the total direct materials variance and identify whether the variance is favorable or unfavorable. The total direct materials variance is 10. Calculate the direct labor cost variance. Select the formula, then enter the amounts and compute the cost variance for direct labor and identify whether the variance is favorable (F) or unfavorable (U). Choose from any list or enter any number in the input fields and then continue to the next question. i Data Table - Direct materials cost standard $4.00 per yard of fabric Direct materials efficiency standard 1.90 yards per shirt Actual amount of fabric purchased and used 3,690 yards Actual cost of fabric purchased and used $15,129 Direct labor cost standard $17.00 per DLHO Direct labor efficiency standard 6.00 DLHr per shirt Actual amount of direct labor hours 12,150 DLH Actual cost of direct labor $ 205,335 Print Done