Smithson, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.4 hour per glass, at a cost of $16 per hour. The actual results for one month's production of 7,000 glasses were 0.3 hours per glass, at a cost of S10 per hour. Calculate the direct labor cost variance and the direct labor efficiency variance e formula, then enter the amounts and compute the cost variance for direct labor and identify whether the variance is favorable (F) or unfavorable (U). Select Direct Labor Cost Variance x x e formula, then enter the amounts and compute the efficiency variance for direct labor and identify whether the variance is favorable (F) or unfavorable (U). Select Direct Labor Efficiency Variance