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i know this is a lot of pictures but all i need help with is just the ONE conceptual fill in the option- sentence at the end. i have provided the options and the work from the previous requirements.

Sorrentino Tax Services prepares tax returns for senior cizens. The standard in terms of (direct labor) Sme spent on each retum is 4 hours. The direct labor standard wage rate ot the firm is $14.50 per hour Last month, 3,990 direct labor hours were used to prepare 1,000 tax returns. Total wages were $63,840 Read the reqirements Requirement 1. What is the actual (direct labor) wage rate per hour paid last month? (Round your answer to the nearest cent) The actual (direct labor) wage rate per hour paid last month is $ 16.00 Requirement 2. What is the direct labor rate variance? (Abbreviations used: DL Direct labor) Begin by determining the formula for the rate variance, then compute the rate variance for direct labor. (Enter the variance as a postive number Round interim calculations to the nearest cent and your variance amount to the nearest whole dollar. Label the variance as favorable (F) or unfavorable (U).) Actual hours x( Actual rate Standard rate DL rate variance 14.50 S 5,985 3,990 x $ 16.00 Requirement 3. What is the direct labor efficiency variance? (Abbreviations used DL Direct labor) Determine the formula for the efficiency variance, then compute the efficiency variance for direct labor. (Enter the variance as a positive number Round interim calculations to the nearest cent and your variance amount to the nearest whole dollar. Label the variance as favorable (F) or unfavorable (U)) Standard hours allowed DL efficiency variances Standard rate x( Actual hours 3,990 4,000 $ 145 14.50 Answer. citizens. The standard in terms of (direct labor) time spent on each return is 4 hours. The direct labor standarc 000 tax returns. Total wages were $63,840. nen c ble (F Requirements Fim calc e 1. What is the actual (direct labor) wage rate per hour paid last month? 2. What is the direct labor rate variance? ce? ( 3. What is the direct labor efficiency variance? How might the direct labor rate variance for the firm last month be causing the direct labor efficiency variance? Fim ca omput s favo 4. rs Print Done for th As a result, the return prep that Sorrentino hired iance. O unung-summer 2019 Homework: Chapter 11 Mahita B&I 7/27/15 91s PM Homework Score: 0.81 of 1 pt Save 3 of 3 (3 complete)w E11-21A (similar to) HW Score: 93.65 %, 281 of 3 pts. Sorrentino Tax Services prepares tax returms for senior ctrens The standard in terms of (direct labor) time spent on each rehum is 4hours The drect labor standand wage ae at the fim is $14 50 per hour Lat month, 3,990 direct labor hours were used to prepare 1,000 tax refums Total wages were $63,840 Question Heip Read the quirements Begin by determining the formula for the rate vanriance, then compute the rate variance for direct labor. (Enter the variance as a postive number. Round interim caloulations to the nearest.cent and your variance amourt to the nearest whole dolar. Label the variance as favorable (F) or unfavorable (U)) Actual hours x ( Actual rater Standard rate DL rate variance 3,9900 x$ 16.00 14.50 ) S 5.965 U Requirement 3. What is the direct labor efficiency variance? (Abbreviations used: DL = Direct labor) Determine the formula for the efficiency variance, then compute the efficiency variance for direct labor. (Enter the yariance as a postive number Round interim caloulations to the nearest cent and your variance amount to the nearest whole dollar, Label the variance as favorable (F) or unfavorable (U)) Standard rate x ( Actual hours Standard hours allowedi ) DL efficiency variance 14.50 x( 3,990 4,000 )S 145 Requirement 4, How might the direct labor rate variance for the firm last month be causing the direct labor efficiency variance?" hours than the standand As a result, the return preparers The direct labor rate variance might mean that Sorrentino hired efficiency variance. allows. This accounts for the Check Answern Click to select your answer(s) and then click Check Answer Clear All barts showing & esc % # 7 5 4 3 2 Read the requirements www w ww TIuSTOwn Begin by determining the formula for the rate variance, then compu to the nearest whole dollar. Label the variance as favorable (F) or u Actual rate x ( Actual hours 16.00 x($ 3,990 Requirement 3. What is the direct labor efficiency variance? (Abbre Determine the formula for the efficiency variance, then compute the amount to the nearest whole dollar. Label the variance as favorable Standard rate Actual hours x( 14.50 3,990 x ( Requirement 4. How might the direct labor rate variance far the firm The direct labor rate variance might mean that Sorrent allow he efficiency variance. unfavorable Click er(s) and then click Check Answer. favorable barts showing ior citizens. The standard in terms of (direct labor) time spent on each return is 4 hours. The direct e 1,000 tax returns. Total wages were $63,840. wwww e, then compute the rate variance for direct labor. (Enter the variance as a prable (F) or unfavorable (U).) positive number. Rounc Standard rate rate ) = DL rate variance $ 5,985 00 14.50 U ) iance? (Abbreviations used: DL Direct labor) compute the efficiency variance for direct labor. (Enter the variance as a as favorable (F) or unfavorable (U).) positive number. Round Standard hours allowed ours ) = DL efficiency variance 4,000 F = S 145 ) ce for the firm last month be causing the direct labor efficiency variance? n that Sorrentino hired As a result, the re ariance. less qualified return preparers at a lower pay rate Answer. more qualified return preparers at a higher pay rate Clear All s. The direct labor standard wage rate at the firm is $14.50 per hour. Last mber. Round interim calculations to the nearest cent and your variance amou amber. Round interim calculations to the nearest cent and your vakance a result, the return preparers hours than the standard had to use more were able to use fewer U Check Answer Requirement 4. How might the direct labor rate variance for the firm last mont direct labor rate variance might mean that Sorrentino hired The efficiency variance. allows. This accounts for the Click to select your answers eck Answer. favorable unfavorable barts showing