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The standard direct labor cost per unit for a company was 536 (= $24 per hour * 1.5 hours per unit). During the period, actual

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The standard direct labor cost per unit for a company was 536 (= $24 per hour * 1.5 hours per unit). During the period, actual direct labor costs amounted to $243,300, 10,300 labor-hours were worked, and 5,700 units were produced. Required: Compute the direct labor price and efficiency variances for the period. (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Price variance Efficiency variance

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