Question 4 --/1 View Policies Current Attempt in Progress Sheridan Products embosses notebooks with school and corporate logos. Last year, the company's direct labor payroll totaled $270,930 for 49,260 direct labor hours. The standard wage rate is $5.00 per direct labor hour. Calculate Sheridan's direct labor rate variance. (Round answer to O decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter O for the amounts.) Direct labor rate variance eTextbook and Media