11. Determine and interpret the direct labor rate and time variances for the two departments. Negative amount should be indicated by the minus sign. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Do not round hours. Round your answers to two decimal places. Direct Labor Rate Variance Mixing Department Filling Department Actual rate Correct $18.20 $14.00 Standard rate Correct 18.00 14.40 Difference $0.20 -$0.40 Actual time Correct 488.0 140.0 Direct labor rate variance $97.60 U Correct -$56.00 F Correct Points: 12 / 15 Direct Labor Time Variance Mixing Department Filling Department Actual time Correct 488.0 140.0 Standard time Correct 500.0 150.0 Difference 12.0 10.0 Standard rate Correct $18.00 $14.40 Direct labor time variance -$216.00 F Correct -$144.00 F Incorrect Points: 8 / 15 The change in the standard labor time Incorrect caused the labor rate variances. This change could also Correct have been responsible for the direct labor time variance.