A manufactured product has the following information for June. Standard Quantity and Cost Direct materials Actual Results 6 pounds @ $8 per pound 47, 200 pounds @ $8.20 per pound Direct labor 3 DLH @ $17 per DLH 23,080 hours @ $17.40 per hour Overhead 3 DLH @ $11 per DUH $ 262, 800 Units manufactured 7, 800 units 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 Standard Cost Actual Cost