Homework 8 Part 2 of 2 Use the following information for the Exercises below. The following information powers to the questioned below) A manufactured product has the following information for June Standart Direct ateriat Il 47,90 158.2 per i Olet Tabor 2. per 15,500 hrs. 1640 h Dvere 2. $12 er hr $115,10 onit mufactured 7. 1 0222 Exercise 21-10 Direct labor variances LO P3 Compute the direct laborate variance and the wet laboriency variance indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rete per hour answers 10 2 decimal places) AH - Actual Hours SH Standard Hours AR - Actual Rate SR Standard Rate A 14l Cel Standard Con