Che Direct materials Direct labor Overhead Units manufactured Standard Quantity and cost 6 pounds @ $8 per pound 2 DLH $16 per DEH 2 DLH @ $12 per DEH Actual Results 48,400 pounds @ $8.10 per pound 15,700 hours $16.50 per hour $ 197,300 8,000 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 Actual Cost Standard Cost