Exercise 21-16 (Algo) Computing and analyzing direct labor variances LO P3 uses 20,500 hours of direct labor at a $340,300 tolat cest to produce 7000 unts in Novembes, the cempary uses 24,500 hours of divect labor at e 5407,925 total cost to produce 7,400 units of product. AH=ActualHowsSH=ScandardHoursAR=ActualRateSR=StandordRate 19 Compule the direct iabor rate warlance, the direct labor effelency variance, and the total divect labor warlance for each of these two months. Nuther Complete this evestien by entering vour anwwers in the tabs below