FlowerMate is a manufacturer of large flower pots for urban settings. The company has these standards:

i Standard Price and Volume Direct materials (resin) 11 pounds per pot at a cost of $3.00 per pound 2.0 hours at a cost of $18.00 per hour Direct labor Standard variable manufacturing overhead rate $2.00 per direct labor hour Budgeted fixed manufacturing overhead $25,400 Standard fixed MOH rate $12.00 per direct labor hour (DLH) i 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 Direct materials Purchased 13,130 pounds at a cost of $3.50 per pound; Used 12,430 pounds to produce 1,100 pots Direct labor Worked 2.5 hours per flower pot (2,750 total DLH) at a cost of $15.00 per hour Actual variable manufacturing overhead $2.60 per direct labor hour for total actual variable manufacturing overhead of $7,150 Actual fixed manufacturing overhead $25,100 Standard fixed manufacturing overhead allocated based on actual production $26,400 Requirement 1. Compute the direct labor rate variance and the direct labor efficiency variance. (Enter the variances as positive numbers. Enter the currency amounts in the formulas to the nearest cent, then round the final variance amounts to the nearest whole dollar. Label the variance as favorable (F) or unfavorable (U) Abbreviations used: DL Direct labor) Begin with the direct labor rate variance. First determine the formula for the rate variance, then compute the rate variance for dire ct labor ) ( DL rate variance ) X Now compute the direct labor efficiency variance. First determine the formula for the efficiency variance, then compute the efficiency variance for direct labor ( ) DL efficiency variance x ( ) Requirement 2. What is the total variance for direct labor? (Enter the amount as a positive number. Label the variance as favorable (F) or unfavorable (U).) The total variance for direct labor is Requirement 3. Who is generally responsible for each variance? The department is responsible for the labor rate variance. The department is responsible for the labor efficiency variance Requirement 4. Interpret the variances. The labor rate variance means that Watermate's employees earned per hour than budgeted. direct labor hours than it should have to produce 1,100 pots The labor efficiency variance means that it actually took