Ch 8 Assignment Saved Help Save & Exit Submit Check my work 17 The following information describes a company's direct labor usage in a recent period. 2 points Actual direct labor hours used (AH) Actual direct labor rate per hour (AR) Standard direct labor rate per hour (SR) Standard direct labor hours for units produced (SH) 62,000 $ 14 $ 13 63,500 eBook Hint Print AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate References Compute the direct labor rate and efficiency variances for the period and classify each as favorable, unfavorable or no variance. Actual Cost Standard Cost Mc Graw Hill