Vanderwaal Company uses a standard costing system. In August, 5,330 actual labor hours were worked at a rate of $12.20 per hour. The standard number of hours is 5,090 and the standard wage rate is $13.00 per hour.

Determine the Labor Rate and Variance Labor Efficiency Variance. Labor Rate Variance Labor Efficiency Variance SHOW LIST OF ACCOUNTS LINK TO TEXT Record the related journal entries to record labor cost. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation (To record labor cost