Calculate the following amounts;1.The standard direct-labor cost for each of the 10 months2.For each month, 20 percent of the standard direct-labor cost.3. Suppose management investigates all variances in excess of 20 percent of standard cost. Which months contain a variance that would be investigated? The following data pertain to Colgate-Palmolive’s liquid filling line during the first 10 months of a particular year. The standard ratio of direct-labor hours to machine hours is 4:1. The standard direct-labor rate is $15.08.**Colgate-Palmolive: Direct-Labor Efficiency Variance Data**| | Units Produced | Machine Hours | Standard Direct-Labor Hours | Actual Direct-Labor Hours | Direct-Labor Efficiency Variance ||----------|----------------|---------------|-----------------------------|---------------------------|----------------------------------|| January | 50,478 | 165.5 | 662.00 | 374.00 | $4,343 || February | 31,943 | 100.3 | 401.20 | 214.00 | $2,823 || March | 185,179 | 552.0 | 2,208.00 | 1,068.00 | $17,191 || April | 212,274 | 713.8 | 2,855.20 | 1,495.75 | $20,501 || May | 48,390 | 160.0 | 640.00 | 364.00 | $4,162 || June | 82,436 | 232.0 | 928.00 | 536.50 | $5,904 || July | 36,208 | 104.0 | 416.00 | 283.00 | $2,006 || August | 33,483 | 96.0 | 384.00 | 317.50 | $1,003 || September| 31,560 | 96.0 | 384.00 | 328.50 | $837 || October | 28,191 | 72.0 | 288.00 | 158.00 | $1,960 |*Explanation of Data*The table provides a detailed monthly breakdown of production, machine hours, standard and actual labor hours, and the resulting direct-labor efficiency variance. The variance highlights the difference between the expected ( The table is an educational resource designed to display monthly costs related to direct labor. It is organized into three columns with the following headings:1. **Months**: This column lists the months from January to October.2. **Standard Direct-Labor Cost**: This column is intended to show the standard direct-labor cost for each month, though the cells are currently empty.3. **20% of the Standard Direct-Labor Cost**: This column is meant to display the value that is 20% of the standard direct-labor cost for each month, but it is also not filled in.The table provides a framework for calculating and analyzing labor costs on a monthly basis, illustrating the proportionate amount (20%) of standard labor costs alongside the total.

Name: Calculate the following amounts;1.The standard direct-labor cost for e
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Description: Calculate the following amounts;1.The standard direct-labor cost for each of the 10 months2.For each month, 20 percent of the standard direct-labor cost.3. Suppose management investigates all variances in excess of 20 percent of standard cost. Which

The direct labor variance examines the company's labor price effectiveness in addition to its labor utilization efficiency. The capacity to use labor as expected is measured by the labor efficiency variance. The variance helps identify the parts of the production process that are consuming more man-hours than planned. If the variance outcome is not satisfactory, industrial engineers will likely look into the underlying process to see if it can be made more efficient in order to reduce the number of production hours required.Computation of standard direct-labor cost:Formulae:The result of the above:The standard direct labor cost for each of the 10 months is provided above.Computation of the 20 percent of the standard direct-labor cost:Formulae:The result of the above:The 20 percent of the standard direct-labor cost for each month is provided above.Computation of the months contain a variance that would be investigated:Formulae:The result of the above:The months contain a variance that will be investigated are provided above.Requirement 1:Requirement 2:Requirement 3: