Required informotion PR 10-38 (StatlC) Direct-Labor Variances at Colgate-Palmolive Company; Cost Variance Investigation (LO 103,104) IThe following information applies to the questions displayod below] The following data pertain to Colgate-Paimollve's liquid filling llne during the first 10 months of a particutar year. The standard ratio of directabor hours to machine hours is A1 The standard diect labor rate is $15.08 'Source of data: Alans. Levitan and Sidney J. Baxendale, "Analyzing the Labor Efficlency Variance to Signal Process? PR 10-38 (Static) Part 1: Calculate the following amounts. Required: 1-0. Which of the following amounts were used to calculate Januarys standard direct labor hours? 1.b. Whith of the following amounts were used to calculate January's direct-labor efficlency voriance? 2. Calculate the following amounts. 9. The standard direct-labor cost for each of the 10 month b. For each month, 20 percent of the standard direct tabor cost, 3. Suppose management investigates all variances in excess of 20 percent of standard cost. Which monthis containa variance that world be inverthated? Answer is not complete. Complete this question by entering your answets in the talis below. Calculate the standard direct-labor cost and 20 percent of the standard difect-labor cost for each of the 10 months. Suppose be investigated? answers to the nearest while dollar amount