Parker Plastic, Inc, manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: Standard Quantity 10 ..) hr. Standard Price Rate) 1.60 per 1 13.70 perhe 8 1.50 per hE. Standard coat 14.00 Direct materiale plastie Diret labor Variable m tacturing overhead (based on direct labor here) Fixed manufacturing overhead 1861,200 - 940,000 unita) 0.45 Parker Plastic had the following actual results for the past year Lo id leo Number of unita produced and sold Number of square feet of plastie weed Cost of plastie purchased and used Number of labor Mur worked Direct labor coat Variable overhead coat Fixed overhead cost Required: Calculate Parker Plastic's direct labor rate and efficiency variances. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variarce).) Director Mala Vrance Direct Labor Efficiency Varia