29 Exhibit 9-13: Standard Cost Variance Analysis-Direct Labor Actual Hours of Input, at Actual Rate Actual Hours of Input, at Standard Rate ? hours x ? per hour = ? hours x ? per hour = Standard Hours Allowed for the Actual Output, at Standard Rate ? hours x ? per hour = Direct labor variances Labor rate variance ? Labor efficiency variance Labor spending variance ? ? Exhibit 9-14: Standard Cost Variance Analysis-Variable Manufacturing Overhead Actual Hours of Input, at Actual Rate Actual Hours of Input, at Standard Rate Standard Hours Allowed for the Actual Output, at Standard Rate ? hours x ? per hour = ? hours x ? per hour = ? hours x ? per hour = Variable overhead variances: ? Variable overhead rate variance ? Variable overhead efficiency variance ? Chapter 9 Form 29 Exhibit 9-13: Standard Cost Variance Analysis-Direct Labor Actual Hours of Input, at Actual Rate Actual Hours of Input, at Standard Rate ? hours x ? per hour = ? hours x ? per hour = Standard Hours Allowed for the Actual Output, at Standard Rate ? hours x ? per hour = Direct labor variances Labor rate variance ? Labor efficiency variance Labor spending variance ? ? Exhibit 9-14: Standard Cost Variance Analysis-Variable Manufacturing Overhead Actual Hours of Input, at Actual Rate Actual Hours of Input, at Standard Rate Standard Hours Allowed for the Actual Output, at Standard Rate ? hours x ? per hour = ? hours x ? per hour = ? hours x ? per hour = Variable overhead variances: ? Variable overhead rate variance ? Variable overhead efficiency variance ? Chapter 9 Form