Pequired informatien (The folowing informabon apiess to the questions diplayed boikw) A marulactsed roduct has the folowing information for June. favorabie, unfaverable, er ne verlance. Hound "Rate per hour" answers to 2 decimal plates.3 AH+Actualbesurs5+4=5tahdierd190=Ag=A+iafisate Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Compute the (1) direct labor rate varlance and (2) direct labor efficiency variance, (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate