Use the following information for the Exercises below.

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[The following information applies to the questions displayed below.] A manufactured product has the following information for June.

	Standard	Actual
Direct materials	7 lbs. @ $7 per lb.		58,000	lbs. @ $7.20 per lb.
Direct labor	3 hrs. @ $15 per hr.		24,300	hrs. @ $15.50 per hr.
Overhead	3 hrs. @ $13 per hr.	$	325,300
Units manufactured			8,200

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

Actual Cost								Standard Cost