Styles 5 MUTHORITVE YOU. Sandy Co. has established the following direct labor standards for one of its products, G50: Standard direct labor-hours.....................3.3 hours per unit Standard direct labor wage rate...........$9.50 per hour Standard rate for variable overhead..... $8.00 per hour Standard hours allowed...... ..1,320 The following data pertain to the most recent month's operations during which 400 units of product G50 were made: Actual direct labor hours worked 1300 Actual direct labor wages paid $11,385 Actual variable overhead cost $7,000 15 & 16. Compute the Labor variances. Label each. Indicate whether each is favorable or unfavorable