FlowerMate is a manufacturer of large flower pols for urban settings. The comparyy has these standards: (Cick the loon to view the standards) (Click the icon to view the actual resulta.). Read the meguitements. Requirement 1. Compute the dred labor rate variance and the direct lobor eficiency variance. (Enter the voriances as positive numbers. Enter the currency amounts in the formulas Begin whit the dirnct labor fato variance. First determino the lormula tor the rate variance, then campute the rate variance for direct labor. 1=DLracevanance1= Standard Price and Volume Actual Results FlowerMate allocated fixed manufacturing overhead to production based on standard direct labor hours. Last month, the company reported the following actual results for the production of 1,100 flower pots: Requirements 1. Compute the direct labor rate variance and the direct labor efficiency variance. 2. What is the total variance for direct labor? 3. Who is generally responsible for each variance? 4. Interpret the variances