Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows: luation Actual costs 125 hours @ $54.00 Standard costs 131 hours @ $53.00 Determine the following: a. Time variance b. Rate variance C. Total direct labor cost variance BI V A - A - IX E - DD V e HTML Editor 3 3 3 3 x x, SE V o 1 12pt - Paragra