Information regarding Maxwell$$s direct labor cost for the month of January follows:

Direct labor hourly rate paid $ $29\mathrm{.}70$

Total standard direct labor hours for units produced this period $12,200$

Direct labor hours actually worked $12,000$

Direct labor rate variance $ $17,200$ favorable

Required:

$1.$ Compute the standard direct labor wage rate per hour in January. $($Round your answer to $2$ decimal places.$)$

$2.$ Compute the direct labor efficiency variance for January. Was this variance favorable or unfavorable? $($Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.$)$