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A manufactured product has the following information for June. Exercise 23-10 (Algo) Direct labor variances LO P3 Compute the (1) direct labor rate variance and

image text in transcribed A manufactured product has the following information for June. Exercise 23-10 (Algo) Direct labor variances LO P3 Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate

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