Standard Price and Volume Requirements 1. Compute the direct labor rate variance and the direct labor efficiency variance. 2. What is the total variance for direct labor? 3. Who is generally responsible for each variance? 4. Interpret the variances. CencerWare is a manutacturer of larpe flower pots for urtan sotbngs. The company has thesse standardi (Click the kon to view the achaal resuts) Finad the reguirements. Begin wah the direct labor rate variance. Finst determine the formula for the rate varlanice, then coenpute the rate variance for direct labor. CenterWare allocated fixed manufacturing overhead to production based on standard direct labor nours. Last month, the company reported the following actual results for the production of 1,600