The Handley Company uses a standard costing system. In August, 5,590 actual labor hours were worked at a rate of $12.90 per hour. The standard number of hours is 5,230 and the standard wage rate is $13.10 per hour. Determine the Labor Rate and Variance Labor Efficiency Variance. (Enter all variance as a positive number.) $ Labor Rate Variance Labor Efficiency Variance $ eTextbook and Media List of Accounts Record the related journal entry to record labor cost. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record labor cost)