Question Help E11-29A (similar to) Earthern Ware is a manufacturer of large flower pots for urban settings. The company has these standards: Click the icon to view the standards.) (Click the icon to view the actual results.) Read the requirements Requirement 1. Compute the direct labor rate variance and the direct labor efficiency variance. (Enter the variances as positive numbers. Enter the currency amounts in the formulas tot nearest cent, then round the final variance amounts to the nearest whole dollar. Label the variance as favorable (F) or unfavorable (U). Abbreviations used: DL - Direct labor) Begin with the direct labor rate variance. First determine the formula for the rate variance, then compute the rate variance for direct labor DL rate variance ) ) - Choose from any list or enter any number in the input fields and then click Check Answer. work ats 10 Submitting an external tool Available after Sep 21 at 12am pter 11 Homework 5 of 5 (4 complete) HW Score: Standard Price and Volume Direct materials (resin) 12 pounds per pot at a cost of $5.00 per pound 2.0 hours at a cost of $15.00 per hour ency amou d: DL-D Direct labor Standard variable manufacturing overhead rate Budgeted foced manufacturing overhead Standard fixed MOH rate $2.00 per direct labor hour $17,200 $8.00 per direct labor hour (DLH) Print Done Chi MacBook Air - X A Actual Results FE da Earthern Ware allocated fixed manufacturing overhead to production based on standard direct labor hours. Last month, the company reported the following actual results for the production of 1,200 flower pots: ct rar ncy a : DL Direct materials iar Purchased 15,560 pounds at a cost of $5.20 per pound; Used 14,760 pounds to produce 1,200 pots Worked 24 hours per flower pot (2,880 total DLH) at a cost of $14.00 per hour Direct labor yn Print Done i Actual Results LU TURUT VYUUU your pur Wur Porto total DLH) at a cost of $14.00 per hour $2.20 per direct labor hour for total Actual variable manufacturing overhead actual variable manufacturing overhead of $6,336 $17,000 Actual fixed manufacturing overhead Standard fixed manufacturing overhead allocated based on actual production $19,200