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etw i delual direct labor costs.) Read the requirements. Requirement 1. What is the budgeted cost of direct manufacturing labor for 54 cakes? Select the formula and enter the amounts to calculate the budgeted cost of direct labor for 54 cakes Total budgeted cost of direct labor Requirement 2. Calculate the total direct manufacturing labor price and efficiency variances Begin by selecting the formula and enter the amounts to caculate the total direct labor price variance. ldentifly each variance as oither favoratle (F) or unfavorable Budg. Budgeted, Qty. Quantity, Var. - Variance.) $0 balance, make sure to enter "0" in the appropriate field. If the variance is zero, do not select a label. Abbreviations used Act Actual e Price var Lillith ( Stan ( Total (For variances with a S0 bal Budg. Budgeted, Qty. - Quantity. Effic. Efficiency, Var. Variance.) la and enter the amounts to calculate the total direct labor efficiency variance. Identify each variance as either favorable (F) or unfavorable (U), ance, make sure to enter "0 in the appropriate field. If the variance is zero, do not select a label. Abbreviations used: Act. . Actual Effic. var. Lillith ( Stan( Total Requirement 3. For the 54 cakes, what is the total actual amount of direct manufacturing labor used? What is the actual direct manufacturing labor input mix percentage? What is the budgeted amount of Lillith's and Stan's labor that should have been used for the 54 cakes? (Round the percentage amounts to the nearest tenth, XX%) Actual Budgeted quantity of input of input Mix for actual output Mix Lillith Stan g labor mik and yield variances. How do these numbers relate to the total direct manufacturing labor efficiency Requirement 4. Calculate the total direct manufacturin variance? What do these variances tell you? to the next question. Choose from any list or enter any number in the input fields and then continue Save for Later