Required information

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

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

A manufactured product has the following information for June.

Exerclse $21-10($Algo$)$ Direct labor varlances LO P$3$

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