The Worldwide Credit Card. |nc., uses standards to control the labor time involved in opening mail from card holders and recording the enclosed remittances. Incoming mail is gathered into batches, and a standard time is set for opening and recording each batch. The labor standards relating to one batch are as follows: Standard Standard Rate Standard Hours Cost $20-00 $10000 The records showing the time spent last week in opening batches of mail has been misplaced. However, the batch supervisor recalls that 200 batches were received and opened during the week, and the controller recalls the following variance data relating to these batches: Total labors endin variance $145.00 U Labor rate variance $255.00 F (Hint: A useful way to proceed would be to work from known to unknown data either by using the variance formulas or by using the columnar format shown in Exhibit 10-6). 21. $ Determine the LEV (labor efficiency variance) if favorable, include in your answer. 22. HOURS. Determine the number of actual hours spent opening batches during the week. (AH) 23. $ Determine the actual amount paid to employees for opening and recording the batches during the week (AR x AH) 24. $ Determine the amount that should have been paid for the level of work (AH x SR) 25. $ per hour. Determine the actual hourly rate paid to employees for opening batches last week. (AR)