Ceramics Ele. is a manufacturer of large flower pots for urban sottings. The compary has these standards. III (Cick the icon to view the standards) (Cick the icon to view the actual rescils.) Resd the requirements Requirement 1. Compule the direct labor rale vanance and the drect labor efficiency variance. (Enter the variances as poilitive numbers. Enter the currency ameunts in the formulas to the nourest cent, then cound the final varianoe amounte to the nearest whole dollar, Label the variance as favorable (F) or unfavoroble (U) Abbrovations used bL a Direct labor) Begn with the direct labor rate variance. First determine the formula for the rate vanance, then compute the rate variance for direct labor Actual Results Requirements 1. Compuie the frect labor rate varance and the direct labor efiency varance 2. What i the total verance for tirpet laber? 3. Who is generally responsible for each variance? 4. Inderyest the varances Standard Price and Volume Ceramics Ele. is a manufacturer of large flower pots for urban sottings. The compary has these standards. III (Cick the icon to view the standards) (Cick the icon to view the actual rescils.) Resd the requirements Requirement 1. Compule the direct labor rale vanance and the drect labor efficiency variance. (Enter the variances as poilitive numbers. Enter the currency ameunts in the formulas to the nourest cent, then cound the final varianoe amounte to the nearest whole dollar, Label the variance as favorable (F) or unfavoroble (U) Abbrovations used bL a Direct labor) Begn with the direct labor rate variance. First determine the formula for the rate vanance, then compute the rate variance for direct labor Actual Results Requirements 1. Compuie the frect labor rate varance and the direct labor efiency varance 2. What i the total verance for tirpet laber? 3. Who is generally responsible for each variance? 4. Inderyest the varances Standard Price and Volume