Required information [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard Quantity and Cost 6 pounds $8 per pound 3 DLH $15 per DLH 3 DLH @ $12 per DLH $ 320,100 Actual Results 52,700 pounds @ $8.20 per pound 25,700 hours $15.60 per hour 8,700 units Compute the (1) direct labor rate variance and (2) direct labor efficiency variance. (Indicate the effect of each variance b favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH Actual Hours Standard Hours SH AR Actual Rate SR Standard Rate Actual Cost $ 0 $ 0 0 $ 0 Standard Cost