The following information describes a company's direct labor usage in a recent period. 57.000 $ 16 Actual direct labor hours used (AH) Actual direct labor rate per hour (AR) Standard direct labor rate per hour (SR) Standard direct labor hours for units produced (SH) 58,900 AH - Actual Hours SH - Standard Hours AR - 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. Actual Cost Standard Cost AH = Actual Hours SH - Standard Hours AR - 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. Actual Cost Standard Cost