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4. 3.MNO has the following information for its operations in June 2021. Actual direct labor hour used is 5,500 hours and actual direct labor

4. 3.MNO has the following information for its operations in June 2021. Actual direct labor hour used is 5,500 hours and actual direct labor rate is $8.50 per hour. The standard direct labor rate is $8.00 and the standard quantity of hour allowed is 5,000 hours. Required: Compute the Direct labor efficiency variance. Show your computation. Label your Varian ce Favorable or Unfavorable.

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