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Crane Products embosses notebooks with school and corporate logos. Last year, the company's direct labor payroll totaled 421,684 for 50,070 direct labor hours Crane Products

image text in transcribedCrane Products embosses notebooks with school and corporate logos. Last year, the company's direct labor payroll totaled 421,684 for 50,070 direct labor hours

Crane Products embosses notebooks with school and corporate logos. Last year, the company's direct labor payroll totaled $421,684 for 50,070 direct labor hours. The standard wage rate is $8.50 per direct labor hour. Calculate Crane's direct labor rate variance. (Round answer to 0 decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter O for the amounts.) Direct labor rate variance

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