following information describes a company's usage of direct labor in a recent period! Actual Hours Used Actual Rate per Hour Standard Rate per Hour Standard Hours for Units Produced The direct labor RATE variance is: 22,000 $15 $14 23,500 A. B. C. D. E. $21,000 Favorable $21,000 Unfavorable $22,000 Favorable $22,000 Unfavorable $23,500 Unfavorable The direct labor EFFICIENCY variance is: A B. C. D. E. $21,000 Favorable $21,000 Unfavorable $22,000 Favorable $22,000 Unfavorable $23,500 Unfavorable