Fiber Oil performs of changes The standard wage rate for oil change technicians is $21 per hour By analyzing its past records of time spent on oil changes, the company has developed a standard of 18 minutos (or 0 30 hours) per oil change In July, 1 500 oil changes were performed at Fiber Og Ol change technicians worked a total of 275 direct labor hours at an average rate of $25 per hour Read the requirements Requirement 1. Calculate the direct labor rato variance Determine the formula for the rate variance, then compute the rato variance for the direct labor (Enter the result as a positive number. Label the variance as favorable (F) or unfavorablo (U). Enter the currency amount in the formula to the nearest cont, thon round the final variance amount to the moorest whole doitur, Abbreviations used DL Direct tabor) DL rate variance Requirements 1. Calculate the direct laborate variance 2. Calculate the direct labor efficiency varianco Choose from any list or enter any nur Print Dono 1 part romaining Check