Required information Skip to question [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Standard Quantity and Cost Actual Results Direct materials 6 pounds @ $8 per pound 43,100 pounds @ $8.20 per pound Direct labor 2 DLH @ $15 per DLH 13,900 hours @ $15.40 per hour Overhead 2 DLH @ $11 per DLH $ 161,300 Units manufactured 7,100 units Compute the (1) direct labor rate variance 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 = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate