Lexxx Company makes a widget that is known worldwide for its high quality! These widgets sell for $40 each. The standard cost card is shown below: Standard Cost Card - Lexxx Widget DM 2.6 pounds X $4.00/# == $10.40 DL 0.50 DLH $16/DLH X = 8.00 FOH 0.50 DLH X $10/DLH 5.00 (Variable = $2/DLH, Fixed = $8/DLH) Standard Cost $23.40 This period, 9,000 widgets were produced. Normal capacity this period was 8,000 widgets. The following actual data was gathered: Sales - the 9,000 widgets produced were sold for a total of $361,800. .DM - 24,000 pounds of DM were purchased and used in production at a cost of $86,400. .DL 4,600 DLH were used at a total cost of $74,060. V FOH - Actual Variable FOH was $9,800. .F FOH - Actual Fixed FOH was $33,000. Let's examine direct labor (DL) variances. Let's examine direct labor (DL) variances. The DL COST variance is $ 460 U The standard quantity of DLH for production is The DL EFFICIENCY variance is 4,500 DLH $ 1,600 U The total DL variance for the period is $ 2,060 U