Smith Music manufacturen harmonicas. Smith une standard conts to judge performance. Recently, a clerk mistakenly throw away some of the records, and only partial data for June exist. Smith known that the total direct labor variance for the month was $300 F and that the standard labor rate was so per hour. A recent pay out caused a favorable labor rate variance of $0.50 per hour. The standard direct labor hours for actual Juno outputs were 5,200. Read the requirements Requirement 1. Find the actual number of direct labor hours worked during June. First, find the actual direct labor price rato per hour. Then, determine the actual number of direct labor hours worked by setting up the computation of the total direct labor variance as given Select the formula, thon calculate the actual price per hour. Actual direct labor rate per hout Determine the actual number of direct labor hours worked by setting up the computation of the total direct labor variance as given. (Enter the known amounts, then determine the missing amounts to solve for the actul direct labor hours Enter the amounts as positive numbers. Label the varianco en favorable (F) or unfavorable ( Smith Music Schedule to Compute Actual Direct Labor Hours Flexible budget Flexible Actual for actual output budget variance Direct labor hours Cost per hour Total direct labor cost Choose from any list or enter any number in the input fields and then continue to the next question 1 of 5 quest les Smith Musie manufactures harmonioan Smith uses standard costs to judge performance. Recently, a clerk mistakenly throw away some of the records, and only partial data for June xet Smith knows that the total direct labor variance for the month was $300 F and that the standard labor rate was $0 per hour. A recent pay out caused a favorable labor rate variance of $0.50 per hour. The standard direct labor hours for actual June outputs were 5.200. Rend the requirements Schedule to compute Actual Direct Labor Hours Flexible budget Flexible Actual for actual output budget variance Direct inbor hours 5 of quest O of 5 quest Cost per hour Tatal direct labor cost Flexible budget variance Requirement 2. Compute the direct labor rate and efficiency variances. Do these variances suggest that the manager may have made trade-offs? Explain. (Enter the variations as positive numbers Enter currency amounts to the nearest cont and your answers to the nearest whole dollar. Labal the variances un favorabin (F) or unfavorable (U). Abbreviations used: DL = Direct labor) Begin by determining the formula for the price variance, then compute the price varianon for direct labor. DL rate variance Begin by determining the formula for the price variance, then compute the price variance for direct labor. DL rate variance Now determine the formula for the efficiency variance, then compute the efficiency variance for direct labor DL efficiency variance Do these variances suggest that the manager may have made trade-offs? Explain The direct labor rate variance combined with the direct labor efficiency variance suggests that the manager may have used workers. However, due to the overall not effect, it appears there was Smith Music manufacturen harmonicas. Smith une standard conts to judge performance. Recently, a clerk mistakenly throw away some of the records, and only partial data for June exist. Smith known that the total direct labor variance for the month was $300 F and that the standard labor rate was so per hour. A recent pay out caused a favorable labor rate variance of $0.50 per hour. The standard direct labor hours for actual Juno outputs were 5,200. Read the requirements Requirement 1. Find the actual number of direct labor hours worked during June. First, find the actual direct labor price rato per hour. Then, determine the actual number of direct labor hours worked by setting up the computation of the total direct labor variance as given Select the formula, thon calculate the actual price per hour. Actual direct labor rate per hout Determine the actual number of direct labor hours worked by setting up the computation of the total direct labor variance as given. (Enter the known amounts, then determine the missing amounts to solve for the actul direct labor hours Enter the amounts as positive numbers. Label the varianco en favorable (F) or unfavorable ( Smith Music Schedule to Compute Actual Direct Labor Hours Flexible budget Flexible Actual for actual output budget variance Direct labor hours Cost per hour Total direct labor cost Choose from any list or enter any number in the input fields and then continue to the next question 1 of 5 quest les Smith Musie manufactures harmonioan Smith uses standard costs to judge performance. Recently, a clerk mistakenly throw away some of the records, and only partial data for June xet Smith knows that the total direct labor variance for the month was $300 F and that the standard labor rate was $0 per hour. A recent pay out caused a favorable labor rate variance of $0.50 per hour. The standard direct labor hours for actual June outputs were 5.200. Rend the requirements Schedule to compute Actual Direct Labor Hours Flexible budget Flexible Actual for actual output budget variance Direct inbor hours 5 of quest O of 5 quest Cost per hour Tatal direct labor cost Flexible budget variance Requirement 2. Compute the direct labor rate and efficiency variances. Do these variances suggest that the manager may have made trade-offs? Explain. (Enter the variations as positive numbers Enter currency amounts to the nearest cont and your answers to the nearest whole dollar. Labal the variances un favorabin (F) or unfavorable (U). Abbreviations used: DL = Direct labor) Begin by determining the formula for the price variance, then compute the price varianon for direct labor. DL rate variance Begin by determining the formula for the price variance, then compute the price variance for direct labor. DL rate variance Now determine the formula for the efficiency variance, then compute the efficiency variance for direct labor DL efficiency variance Do these variances suggest that the manager may have made trade-offs? Explain The direct labor rate variance combined with the direct labor efficiency variance suggests that the manager may have used workers. However, due to the overall not effect, it appears there was