7 Required information (The following information applies to the questions displayed below. A manufactured product has the following information for June. Part 3 of 3 2 points Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 6 pounds @ $8 per pound 3 DLH @ $15 per DLH 3 DLH @ $11 per DLH Actual Results 47,300 pounds @ $8.20 per pound 23,100 hours @ $15.50 per hour $ 263,200 7,800 units Skipped 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 to 2 decimal places.) eBook AH = Actual Hours SH = Standard Hours AR = Actual Rate SR - Standard Rate Print Actual Cost Standard Cost $ 0 $ 0 $ 0 0