Question 8 (12 points) Michaelsen Inc. establishes standard rates to plan and control its production. They have determined their direct labour rate is $22.50 per hour and each unit produced requires a standard of 3.25 direct labour hours. In 2019. Michalesen actually incurred 8.375 direct labour hours to produce 2.500 units. They incurred a total of $192.625 in direct labour hours. Required Calculate labour rate variance labour efficiency variance and total labour variance WRITE YOUR ANSWER ON A SHEET OF PAPER AND UPLOAD IT TO YOUR BRIGHTSPACE DROPBOX SHOW ALL WORKINGS