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Thank ou Required information Use the following information for the Exercises below. (The foiiowing information applies to the questions dispiayed beiowuir A manufactured product has

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Required information Use the following information for the Exercises below. (The foiiowing information applies to the questions dispiayed beiowuir A manufactured product has the following information for June. Standard Actual Direct materials 6 lbs. @ $9 per 1b. 49,166 lbs. @ $9.18 per lb. Direct labor 2 hrs. @ $15 per hr. 15,969 hrs. @ $15.50 per hr. Overhead 2 hrs. @ $12 per hr. $238,366 Units manufactured 3,166 Exercise 21-10 Direct labor variances LO P3 Compute the direct labor rate variance and the direct labor efficiency variance. {Indicate the effect of each variance by selecting for favorable, unfavorable. and no variance. Round "Rate per hour" answers to 2 decimal places.) AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate

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