Check my work 7 OS 21-11 Direct labor variances LO P3 The following information describes a company's direct lobor usage in a recent period. 25 detast the tours (M) metu ir labor rate per a Standart receber Tate PET FRI Sendant direct laboratori prod) 15 $ 14 62.700 A AH Actual Hours SH Stand Hours AR Actual Rate SR - Standard Rate Compute the direct laborate and efficiency variances for the period and classify each as favorable, unfavorable or no variance Actual Cott Standard Cont 5 0 0 5