All requirements please..

CenterWare is a manufacturer of large flower pots for urban settings. The company has these standards: E: (Click the icon to view the standards.) (Click the icon to view the actual results.) Actual Results Read the requirements Requirement 1. Compute the direct labor rate variance and the direct labor efficiency variance. (Enter the variances as positive numbers. Enter the c whole dollar. Label the variance as favorable (F) or unfavorable (U). Abbreviations used: DL = Direct labor) Begin with the direct labor rate variance. First determine the formula for the rate variance, then compute the rate variance for direct labor. CenterWare allocated fixed manufacturing overhead to production based on standard direct labor hours. Last month, the company reported the following actual results for the production of 1,200 flower pots Purchased 11,780 pounds at a cost of $3.10 per pound; Direct materials. used 11,280 pounds to produce 1,200 pots Worked 4.5 hours per flower pot (5,400 total DLH) at a Direct labor.... cost of $10.00 per hour Actual variable manufacturing $7.40 per direct labor hour for total actual variable overhead manufacturing overhead of $39,960 Actual fixed manufacturing overhead $45,300 Standard fixed manufacturing overhead allocated based on actual production...... $48,000 Vx DL rate variance x Requirements Standard Price and Volume 1. Compute the direct labor rate variance and the direct labor efficiency variance. 2. What is the total variance for direct labor? 3. Who is generally responsible for each variance? 4. Interpret the variances. 9 pounds per pot at a cost of $3.00 per pound Direct materials (resin) Direct labor..... .4.0 hours at a cost of $11.00 per hour $7.00 per direct labor hour Print Done Standard variable manufacturing overhead rate Budgeted fixed manufacturing overhead $46,000 Standard fixed MOH rate. $10.00 per direct labor hour (DLH)