X 1 Calculate the variances and identify whether the variance is favorable (F) or unfavorable (U). (b) Total Direct Materials Variance (c) Total Direct Labor Variance Data table (e) Total Variable Overhead Variance () Total Food Overhead Variance (d) Total Manufacturing Overhead Variance (a) Total Flexible Budget Product Cost Variance Total Direct Materials Variance Total Flexible Budget Product Cost Variance (5) Total Direct Labor Variance (c) Direct Labor Direct Labor Cost Variance Efficiency Variance $ 460 U $ 555 F Direct Materials Direct Materials Cost Variance Efficiency Variance $ 480 F $ 165U Total Manufacturing Overhead Varianco ( Total Variable Total Fixed Overhead Variance Overhead Variance (0) 10 Variable Overhead Variable Overhead Fixed Overhead Cost Variance Efficiency Variance Cost Variance $ 475 U S 550 F $ 175 F