Rounding/Entry Rules: Round your numerical answers to the nearest DOLLAR. Do not enter $ or, when entering amounts. If asked to enter a word or letter, be sure you check the spelling. Question: Kendall Ltd. produces chain for the Sunny Motorcycle Company. At the beginning of the year, they had the following standard costs for one batch of chain: $ Direct labour (2 hours @ $15.00 per hour) The actual results for the year are: 30.00 Batches produced Direct labour hours Direct labour cost per hour Required: 150,000 290,000 14.95 $ Calculate the labour variances and use your solution to answer the following questions. NOTE: Please enter all variances as positive numbers. The amount of the direct labour rate variance, also called the direct labour price variance, is $ Indicate if the direct labour rate variance is favourable (enter the letter F) or unfavourable (enter the letters UF). The amount of the direct labour efficiency variance, also called the direct labour usage variance, is $ Indicate if the direct labour efficiency variance is favourable (enter the letter F) or unfavourable (enter the letters UF). A The total labour variance, also called the direct labour flexible budget variance, is $ Indicate if the total labour variance is favourable (enter the letter F) or unfavourable (enter the letters UF). M A/