M06 Ch 21 Graded Practice i 7 Saved The following information describes a company's direct labor usage in a recent period. 1 Actual direct labor hours used (AH) Actual direct labor rate per hour (AR) 61,000 $ 15 Standard direct labor rate per hour (SR) $ 14 points Standard direct labor hours for units produced (SH) 62,000 Help Save & Exit Submit eBook AH = Actual Hours SH = Standard Hours Hint AR = Actual Rate Print References SR = Standard Rate Compute the direct labor rate and efficiency variances for the period and classify each as favorable, unfavorable or no variance. Mc Graw Hill Actual Cost < Prev 7 of 10 Next > Standard Cost Check my work