This Question: 2 pts 39 of 60 (31 complete) Longman, Inc., manufactures lead crystal glasses. Longman, Inc.'s managers recently calculated the following: Variances after completing production of 7,000 glasses: Direct materials cost variance $910 F Direct labor cost variance $8,400 F Direct materials efficiency variance $2,100 U Direct labor efficiency variance $11,900 F Read the requirements Requirement 1. For each variance, who in Longman, Inc.'s organization is most likely responsible? Direct materials cost variance Direct materials efficiency variance Direct labor cost variance Direct labor efficiency variance Requirement 2. Interpret the direct materials and direct labor variances for Longman, Inc.'s management. Choose from any drop-down list and then continue to the next question. Longman, Inc., manufactures lead crystal glasses Longman, Inc.'s managers recently calculated the following Variances her completing production of 7.000 glasses: Direct materials cost variance 5910F Direct labor cost variance $8.400 F Direct materials cancy variance $2,100 U Direct labor efficiency variance $11.900 F Read the requirements The 5910 favorable direct materials cost variance indicates that the actual direct materials cost per pound was than the standard cost per pound. This Longman, Inc. operating income by $910. The $2.100 unfavorable direct materials efficiency variance indicates that the actual pounds used was than the total pounds allowed to manufacture the 7.000 glasses. This Longman, Inc.'s operating income by $2.100. The $8,400 favorable direct labor price variance means that Longman, Inc.'s employees were paid per hour than budgeted. This Longman, Inc.'s operating income by $8,400. The $11,900 favorable direct labor efficiency variance means that is actually took direct labor hours than were budgeted to produce 7.000 glasses. This Longman, Inc.'s operating income by $11.900. Choose from any drop-down list and then continue to the next