Exercise 21-16 (Aigo) Computing and analyzing direct labor variances LO P3 Javon Company tet sandads of 3 houst of drect labor per unt at a rate of 5.5680 per hout During Octobec the company actualy ves 21,500 hours of direct iabor at a $765,500 total cost to produce 7,400 ints in Novembee the company uses 25,500 hours of drect labor at a 543475 total ceet to produce 7.800 units of product. AH=Actuy) Houn SH = Standard Hourt AP=Actia Rate sp a Standard Rote (1) Compute the drect labot reme variance, the direct labor elficiency variance, and the total direct labor variance for each of these two monesta. (2) Jawon imentigates yariances of mose than 5K of actuol direct labor cost. Which direct labor variances will the company investigate Whther? Answer is not cemplete. Complete this question by entering your anowers in the tabs below. Compute the diwa laber rote variance, the dinct iaber elfosency varunce, and the tacal firect labor variance for each of these two months. (theicate the Exercise 21-16 (Algo) Computing and analyzing direct labor variances LO P3 Javon Company set standards of 3 hours of direct labor per unit at a rate of $16.80 per hour. During October, the company actually uses 21,500 hours of direct labor at a $365,500 total cost to produce 7,400 units. In November, the company uses 25,500 hours of direct labor at a $434,775 total cost to produce 7,800 units of product. AH= Actual Hours SH= Standard Hours SR=Standard Rate (1) Compute the direct labor rate variance, the direct labor efficiency variance, and the total direct labor variance for each of these two months. (2) Javon investigates variances of more than 5% of actual direct labor cost. Which direct labor varlances will the company investigate further? * Answer is not complete. Complete this question by entering your answers in the tabs below. Javon investigates variances of more than 5% of actual direct labor cost. Which direct labor variances will the company investigate further