A manufactured product has the following information for June Direct materiale Direct Inbor Overhead Units manufactured standard 5 lbs. $ per lb. 2 hrs. $17 per hr. 2 hrs. $11 per hr. Actual 46,600 lba. $8.20 per lb. 17.400 hrs. $17.50 per he. $198,900 8,800 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance 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 - Staridard Rate Actual Cost Standard Cost