A manufactured product has the following information for June Direct materials Direct labor Overhead Units manufactured Standard 5 lbs. per lb. 3 hrs. 516 per hr 3 hrs. @ 512 per hr. Actual 36.600 lbs 8.10 per lb. 21,400 H520.50 per hr. $264,200 7,200 Compute the direct labor rate variance and the direct labor efficiency variance Indicate the effect of each varlance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour answers to 2 decimal places.) AH-Actual Hours SH - Standard Hours AR - Actual Rate SR Standard Rate Standard Cost Actual Cost AH AR X $ 0 $ 3