Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Units manufactured Overhead Standard Quantity and Cost 5 pounds $7 per pound 3 DLH $16 per DLH 3 DLH @ $11 per DLH Actual Results 42,600 pounds @ $7.20 per pound 24,800 hours @ $16.60 per hour $ 283,900 8,400 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 AH Actual Cost Standard Cost x AR AH X SR SHI x SR x x x Direct labor rate variance Direct labor efficiency variance Total direct labor variance $ 0 $ 0 $ 0 Unfavorable 0 Favorable Unfavorable