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Fetcher Company collected the following data regarding production of one of its products. Compute the direct labor rate variance Direct labor standard (2 hrs. @

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Fetcher Company collected the following data regarding production of one of its products. Compute the direct labor rate variance Direct labor standard (2 hrs. @ $12.75/16.) Actual direct labor hours Actual finished units produced Actual cost of direct labor 25.50 per finished unit 101,900 hrs. 50,000 units $1,355,750 Mine Choc 580 Punti 524225 $56,525 for Sowati O 3165

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