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4. The standard operating capacity of Maine Manufacturing, Inc., is 2,000 units. t should take 3 hours of direct l abor time to produce one
4. The standard operating capacity of Maine Manufacturing, Inc., is 2,000 units. t should take 3 hours of direct l abor time to produce one unit of product at a standard rate of $15 per hour. It actually took 6,500 direct labor hours to produce the 2,000 units at an actual wage rate of $16 per hour. Based on the information just given, the: Labor Rate Variance is $ The Labor Efficiency Variance is $ Net labor Variance is $
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