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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

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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 efficlency varlance. (Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance. Round "Rate per hour" answers to 2 decimal places.) AH= Actual Hours SH= Standard Hours AR= Actual Rate SR= Standard Rate

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