8 00 Part 3 of 3 Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Standard Quantity and Cost 6 pounds $9 per pound 3 DLH $16 per DLH 01:38:32 Overhead 3 DLH $12 per DLH Units manufactured Actual Results 44,400 pounds @ $9.10 per pound 21,700 hours $16.50 per hour $ 269,800 7,300 units 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.) AH Actual Hours SH AR = Actual Rate Standard Hours SR Standard Rate = Actual Cost 0 $ 0 0 0 Standard Cost