Required information The following informotion appiles to the questions dispovalod beibw] Antuon Compony set the following standerd costs per unit for its product The standord overheod rate $18.50 per direct labor hour) is based on a predicted activity level of 75% of the foctory' 3 capacity of 20,000 units per month. Following ore the compony's budgeted overheod costs per month at the 75% copocity level. The compsny incurred the following actual costs when it operated at 75% of copocity in October. Compute the direct lobor venience, including its rote ond efficiency voriances. (Indicate the effect of each varlance by selecting virable, unfavorable, or no varlance. Round "Rate per hour" answers to two decimal place5.)