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A manufactured product has the following information for June. Exercise 21-10 (Algo) Direct labor variances LO P3 Compute the (1) direct labor rate variance and

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A manufactured product has the following information for June. Exercise 21-10 (Algo) Direct labor variances LO P3 Compute the (1) direct labor rate variance and (2) direct iabor efficiency variance. (Indicate the effect pf each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" an swers to 2 decimal places.) AH= Actual Hours SH=Standard Hours AR= Actual Rate SR = Standard Rate

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