A manufactured product has the following information for June. Standard Quantity and Cost 6 pounds e $8 per pound 3 DLH e $15 per DLH 3 DLH O $11 per DLH Actual Results Direct materials 47,300 pounds e $8.20 per pound 23,100 hours e $15.50 per hour $ 263,200 7,800 units Direct labor Overhead Units manufactured Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate Actual Cost Standard Cost