Direct Labor Variances The following data relate to direct labor costs for the production of smart tablets Actual 4,710 hrs. at $14.90 $70.179 $63,934 Standard 4,790 hrs. at $14.60 a. Determine the the rate variance, time variance, and total direct labor cost variance. Enter a favorable variance as a negative amount, and an unfavorable variance as a positive ant Rate variance Time variance Total direct labor cost variance b. Which of the following statements regarding causes of these labor variances is false? 4