Give me an example of Direct Labor Variances

Advanced Micro Devices

develops high$-$performing computing products. Assume one of its proces$-$

sors, Ryzen $7$ Pro, has a standard labor time of $0\mathrm{.}25$ hours and a standard labor rate of $$20$ per hour.

During February, the following activities pertaining to direct labor for Ryzen $7$ Pro were recorded:

Direct labor hours used

$..................................................$

$64,000$

Direct labor cost

$........................................................$

$$1,248,000$

Units of Ryzen $7$ Pro manufactured

$.........................................$

$250,000$

Required

a$.$

Determine the labor rate variance.

b$.$

Determine the labor efficiency variance.

c$.$

Determine the total flexible budget labor cost variance.