M9-10 (Algo) Calculating Direct Labor Cost Variances [Lo 9-4] 956 diect iabor hours, for which it tidid 52 . 1e3. The compary produced and sold 2 soo ints during the month. Aequired. Caiculate the direct latior tate, efficiency and spending varances variance) Fround your intermedilate calculation to 2 decimal places. M9.10 (Algo) Calculating Direct Labor Cost Variances [LO 9.4] Paradise Corporation has detemained a shandard labor cost per unit of $15 (0.50 hourt 330 per hour) Last month, Parddise incurrod 956 direct labor hours. for which it paid 5.23,183. The company produced and bold 2.100 units during the month. Required: Colculate the direct isbor rate, eficiency, and spending varisnces Note: Indicate the effect of each variance by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect lle terero variance) Dound your intermediate calculations to 2 decimpl places