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7 Part 3 of 3 12.5 points eBook ! Required information [The following information applies to the questions displayed below.] A manufactured product has the
7 Part 3 of 3 12.5 points eBook ! Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Quantity and Cost 6 pounds @ $9 per pound 2 DLH@ $15 per DLH 2 DLH @ $13 per DLH Direct materials Direct labor Overhead Units manufactured Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers 2 decimal places.) AH Actual Hours SH Standard Hours. AR Actual Rate SR Standard Rate Actual Results 43,000 pounds @ $9.10 per pound 14,000 hours @ $15.50 per hour 7,100 units $ 190,100 Actual Cost Standard Cost
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