SR = Standard Rate Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable

Actual hours of direct labor used Actual rate of direct labor per hour Standard rate of direct labor per hour Standard hours of direct labor for units AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate produced 71 , ooe $ 15 $ 14 72,30 Compute the direct labor rate and efficiency variances and identify each as favorable or unfavorable. ctua os nda