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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

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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 lahor for its produced 71,000 $ 15 $ 13 72,200 AH-Actual Hours SH - Standard Hours AR - Actual Rate SR - Standard Rate Compute the direct lobor rate and efficiency variances and Identity each as favorable or unfavorable Actual Cost Standard SH AR $ 0

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