A company reports the following information for its direct labor. Actual hours of direct labor used (AH) 70,eee Actual rate of direct labor per hour (AR) $ 16 Standard rate of direct labor per hour (SR) $ 15 Standard hours of direct labor for units produced (SH) 71,600 AH = Actual Hours 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 Standard Cost $ 0 $ 0 $ 0 A company's division has sales of $6,000,000, income of $240.000, and average assets of 54,800,000. The division's profit margin is. Multiple Choice 10% 20 BON