28 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Copy of The standard cost sheet for one unit of product manufactured by LA Connection Company shows the following for material and direct labor Material 4 pieces @ $5.50 $22.00 Direct labor-12 hours @ $4.00 48.00 Standard capacity is 5,000 standard productive hours per month. At this volume, budgeted overhead costs are: fixed, $12,000; variable $6.000. This information is used to calculate SR for Variable Overhead and for Fixed Overhead. During a month in which 570 units were completed, the following production costs were incurred. Purchases of material 2,400 pieces @ $5.25 Materials issued 2,300 pieces Direct labor payroll 6,900 hours @ $4.50 Overhead costs: Fixed $12,500 Variable 6,800 $19,300 Be sure to show ALL your work with formulas, if needed, to receive full credit for a correct answer. What is the Direct Labor Efficiency variance? (4 pts) TTT Arial 3(12pt) : TEE 5. 5