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Required Information

Use the following information for the Exercises below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

A manufactured product has the following information for June.

$04-12-27$

$\backslash$table$[[,$Standard Quantity and Cost,Actual Results$],[$Direct materials,$5$ pounds $$ per pound,$42,500$ pounds @ $$8\mathrm{.}10$ per pound$],[$Direct labor,$2DLH$@$$16$ per DLH$,16,400$ hours $$16\mathrm{.}40$ per hour$],[$Overhead$,2DLH$@$$12$ per DLH$,$$$207,200.],[$Units manufactured,,$8,400$ units$]]$

Exercise $23-10($Algo$)$ Direct labor variances LO P$3$

Compute the $(1)$ direct labor rate variance and $(2)$ direct labor efficlency varlance.

Note: 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

References