Goldman, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.3 hour per glass, at a cost of $22 per hour. The actual results for one month's production of 6,500 glasses were 0.4 hours per glass, at a cost of $24 per hour. Calculate the direct labor cost variance and the direct labor efficiency variance. Select the formula, then enter the amounts and compute the cost variance for direct labor. (Label the variance as favorable (F) or unfavorable (U), in the input field after the amount you enter.) X X Select the formula, then enter the amounts and compute the efficiency variance for direct labor. (Label the variance as favorable (F) or unfavorable (U), in the input field after the amount you enter.) ) X Direct Labor Cost Variance 11 Direct Labor Efficiency Variance

Goldman, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.3 hour per glass, at a cost of $22 per hour. The actual results for one month's production of 6,500 glasses were 0.4 hours per glass, at a cost of $24 per hour. Calculate the direct labor cost variance and the direct labor efficiency variance. Select the formula, then enter the amounts and compute the cost variance for direct labor. (Label the variance as favorable (F) or unfavorable (U), in the input field after the amount you enter.) Select the formula, then enter the amounts and compute the efficiency variance for direct labor. (Label the variance as fvorable (F) or unfavorable (U), in the input field after the amount you enter.)