The following information describes a company's direct labor usage in a recent period Actual direct labor hours used (AH) Actual direct labor rate per hour (AR) 65,000 15 Standard direct labor rate per hour (SR) $ 14 Standard direct labor hours for units produced (SH) 67,000 AH Actual Hours SH AR Standard Hours Actual Rate SR = Standard Rate Compute the direct labor rate and efficiency variances for the period and classify each as favorable, unfavorable or no variance.