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

Direct labor hourly rate paid

$$29\mathrm{.}20$

Total standard direct labor hours for units

produced this period $11,700$

Direct labor hours actually worked $,11,500$

Direct labor rate variance $$16,700$ favorable

Required:

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

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.$)$

Favorable

Unfavorable