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A H = Actual Hours S H = Standard Hours A R = Actual Rate S R = Standard Rate & 2 . Compute the

AH= Actual Hours
SH= Standard Hours
AR= Actual Rate
SR= Standard Rate
& 2. Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance.
Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable.
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Req 1 and 2
Req 3
Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance.
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