Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows:

Actual costs		125 hours @ $54
Standard costs		131 hours @ $53

Determine the following: Enter favorable variances as negative numbers.

Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows: Actual costs 125 hours @ $54 Standard costs 131 hours @ $53 Determine the following: Enter favorable variances as negative numbers. a. Direct labor time variance b. Direct labor rate variance $ c. Total direct labor cost variance