Check my work mode : This shows what is correct or incorrect comple 11 b. The labor rate and efficiency variances. W points Labor rate variance Labor efficiency variance Mc Graw c i ezto.mheducation.com/ext/map/index.htm|?_con=con&externa|_browser=0&|aunch... (1% a YouTube 6 Chrome 9 Maps M Gmail (Q! Dashboard lr Institution Page 9'3"\" MyOdu|Mainview 3 Settings Ch 21 Graded Homework 0 Saved' Help Saw Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It do completion. Dawson Toys, Ltd, producesa toy called the Maze. The company has recently established a standard cost system to help control costs and has established the following standards for the Maze toy: 3 Direct materials: 6 microns per toy at $0.34 per micron POlntS Direct labor: 1.5 hours per toy at $6.60 per hour During July, the company produced 4,600 Maze toys. Production data for the month on the toy follow: Direct materials: 72,000 microns were purchased at a cost of $0.33 per micron. 37.500