The company incurred the following actual costs when it operated at 75% of capacity in October $ 464,100 526,125 Direct materials (91,00 lbs. @ $5.10 per lb.) Direct labor (30,500 hrs. $17.25 per hr.) Overhead costs Indirect materials Indirect labor Power Repairs and maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervision Total costs $ 44,250 172,250 43,000 96,000 24,000 75,000 11,500 89,00 560,580 $1,550,725 4. Compute the direct labor cost variance, including its rate and efficiency variances AH = Actual Hours SH - Standard Hours AR = Astual Rate SR Standard Rate Actual Cost Standard Cost