Question list FlowerMate is a manutacturer 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 Question 4 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 to the Question 5 nearest cent, then round the flnal variance amounts to the nearest whole dollar. Label the varlance as favorable (F) or unfavorable (U). Ablorevlations 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. Question 6 Question 7 Requirements Question 8 1. Compute the direct labor rate variance and the direct labor efficiency variance. 2. What is the total variance for direct labor? 3. Who is generally responsible for each variance? Question 9 4. Interpret the variances. Standard Price and Volume Actual Results Question list FlowerMate is a manutacturer 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 Question 4 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 to the Question 5 nearest cent, then round the flnal variance amounts to the nearest whole dollar. Label the varlance as favorable (F) or unfavorable (U). Ablorevlations 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. Question 6 Question 7 Requirements Question 8 1. Compute the direct labor rate variance and the direct labor efficiency variance. 2. What is the total variance for direct labor? 3. Who is generally responsible for each variance? Question 9 4. Interpret the variances. Standard Price and Volume Actual Results