CenterWare is a manufacturer of ceramic bottles. (Click the icon to view the standards.) Requirements (Click the icon to view the actual results.) 1. Compute the direct labour price variance and the direct labour efficiency variance. 2. What is the total flexible budget variance for direct labour? 3. Who is generally responsible for each variance? 4. Interpret the variances. Data table Last month, CenterWare reported the following actual results for the production of 70,000 bottles: Direct materials. Direct labour. Actual variable overhead Actual fixed overhead. 1.5 kg per bottle, at a cost of $0.70 per kg 1/4 hour per bottle, at a cost of $13.20 per hour $104,600 $28,700 Print Done Data table The company has these standards: Direct materials (clay) Direct labour. . Static budget variable overhead Static budget fixed overhead. Static budget direct labour hours. Static budget number of bottles.. 1.3 kg per bottle, at a cost of $0.40 per kg 1/5 hour per bottle, at a cost of $14.40 per hour $70,500 $30,500 10,000 hours 52,000 CenterWare allocates manufacturing overhead to production based on standard direct labour hours. Print Done