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A company reports the following information for its direct labor. Actual hours of direct labor used Actual rate of direct labor per hour Standard

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A company reports the following information for its direct labor. Actual hours of direct labor used Actual rate of direct labor per hour Standard rate of direct labor per hour Standard hours of direct labor for units produced AH Actual Hours 66,000 $ 14 $ 13 67,500 SH Standard Hours AR Actual Rate SR Standard Rate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable. Actual Cost AH x AR x Direct labor rate variance Direct labor efficiency variance Total direct labor variance $ Answer is not complete. Standard Cost SHO x AH x SR x 000 $ 0 0 S 0 x SR

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