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Devise the data in your worksheet to reflect the results for the subsequent period: Data...

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Accounting

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Devise the data in your worksheet to reflect the results for the subsequent period: Data Exhibit 10-1: Standard Cost Card Inputs... Standard Quantity 3.0 pounds 0.50 hours 0.50 hours Standard Price $4.00 per pound $22.00 per hour $6.00 per hour Direct materials ........ Direct labor.......... Variable manufacturing overhead ........ Actual results: Actual output Actual variable manufacturing overhead cost ... 2,100 units $5,100 Actual Quantity 6,350 pounds 1,020 hours Actual direct materials cost... Actual direct labor cost ...... Actual price $4.10 per pound $22.10 per hour a. b. c. What is the materials quantity variance? What is the materials price variance? What is the labor efficiency variance? What is the labor rate variance? What is the variable overhead efficiency variance? What is the variable overhead rate variance

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