Palagi apn Aspen Products has established the following standard for direct labor to produce one unit of its new product: 0.4 hours @ $10.00 per hour. During April 1500 units of the new product were produced and 725 direct labor hours were worked at a cost of $9.40 per hour. What is the labor efficiency variance? $1.175 favorable. $1.175 unfavorable $1.250 favorable. $1.250 unfavorable. None of the above. Aspen Products has established the following standard for direct labor to produce one unit of its new product: 0.4 hours @ $10.00 per hour. During April 1.500 units of the new product were produced and 725 direct labor hours were worked at a cost of $9.40 per hour. What is the labor rate variance? $360 favorable. $360 unfavorable $435 favorable. $435 unfavorable. None of the above. Aspen Products has established the following standard for direct labor to produce one unit of its new product 0.4 hours @ $10.00 per hour. During April 1,500 units of the new product were produced and 725 direct labor hours were worked at a cost of $9.40 per hour. What is the labor efficiency variance | $1,175 favorable. $1.175 unfavorable. $1,250 favorable. $1,250 unfavorable. None of the above. If the labor spending variance is $500 unfavorable and the labor efficiency variance is $300 favorable, what is the labor rate variance? $200 favorable. $200 unfavorable. $800 favorable $800 unfavorable. None of the above