ssume the following information appears in the standard cost card for an enterprise that makes only one product: Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours 5 pounds 2 hours 2 hours Standard Price or Rate $11.ee per pound $17.00 per hour $ 3.00 per hour Standard Cost $55.00 $34.ee $ 6.00 During the most recent period, the following additional information was available: 20.000 pounds of material was purchased at a cost of $10.50 per pound. . All of the material that was purchased was used to produce 3.900 units 8.000 direct labor-hours were recorded at a total cost of $132,000 What is the direct labor spending variance