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6 Bock HOR Exercise 23-16 (Algo) Computing and analyzing direct labor variances LO P3 Javon Company set standards of 2 nours of direct labor

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6 Bock HOR Exercise 23-16 (Algo) Computing and analyzing direct labor variances LO P3 Javon Company set standards of 2 nours of direct labor per unit at a rate of $16.90 per hour. During October, the company actually uses $4,600 hours of direct labor at a $249,660 total cost to produce 7,500 units in November, the company uses 18,600 hours of direct labor at a $318,990 total cost to produce 7900 units of product AH Actual Hours SH Standard Hours AR Actual Rate) SR Standard Rate (1) Compute the direct labor rate variance, the direct labor efficiency variance, and the total direct labor variance for each of these two months (2) Javon investigates variances of more than 5% of actual direct labor cost. Which direct labor variances will the company investigate further Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct labor rate variance, the direct labor efficiency variance, and the total direct labor variance for each of these two months. (Indicate the effect of each vanance by selecting favorable, unfavorable, s All Cost Actust Cest S 0 $ October November Standard Cost Standant Cost

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