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QS 21-8 (Algo) Direct materlals prlce and quantity varlances LO P3 QS 21-11 (Algo) Direct labor rate and efflciency varlances LO P3 A company reports

QS 21-8 (Algo) Direct materlals prlce and quantity varlances LO P3 QS 21-11 (Algo) Direct labor rate and efflciency varlances LO P3 A company reports the following information for its direct labor. AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate Compute the direct labor rate and efficlency varlances and Identlfy each as favorable or unfavorable

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