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With an explanation please The standard direct labor cost per unit for a company was $33 $22 per hour x 1.5 hours per unit). During

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With an explanation please

The standard direct labor cost per unit for a company was $33 $22 per hour x 1.5 hours per unit). During the period, actual direct labor costs amounted to $222,500, 10,000 labor-hours were worked, and 6,000 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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