Direct Materials Direct Labor Overhead - Standard Costs Overhead - Actual Actual Units Manufactured fit+abbeauAH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate 1. \& 2. Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is unfavorable or no variance. 3. Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable