Exercise 21-16 (Algo) Computing and analyzing direct labor variances LO P3 Javon Company set standards of 2 hours of direct labor per unit at a rate of $15.80 per hour. During October, the company actually uses 12100 hours of direct labor at a $193,600 total cost to produce 6.400 units. In November, the company uses 16.100 hours of direct labor at a $258.405 total cost to produce 6.800 units of product AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate (1) Compute the direct labor rate variance, the direct labor efficiency vanance, and the total direct labor variance for each of these two months (2) Jovon investigates variances of more than 5% of actual direct labor cost. Which direct labor variances will the company investigate further? Complete this question by entering your answers in the tabs below. Compote the direct labor rate variance, the direct labor efficiency variance, and the total direct labor variance for each of these two months. (Indicate the effect of each variance by selecting favorable, unfavorable, or no varianice. Javon Company set standards of 2 hours of direct labor per unit at a rate of $15.80 per hour During October, the company actuaily uses 12.100 hours of direct labor at a $193.600 total cost to produce 6.400 units. In November, the company uses 16.100 hours of direct labor at a $258,405 total cost to produce 6.800 units of product AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate (1) Compute the direct labor rate variance, the direct labor efficiency varance, and the totat direct labor variance for each of these fwo months. (2) Javon investigates vanances of more than 5% of actual direct labor cost. Which direct labor vatiances will the company investlgate further? Complete this question by entering your answers in the tabs below. Javon investigates variances of more than 5% of actual direct labor cost. Which direct Labor variances will the company investigate further