Question: Current Attempt in Progress Oriole, Inc. uses a standard cost system with the following labor standards for one unit of product: standard hours 0.20 and

Current Attempt in Progress Oriole, Inc. uses a standard cost system with the following labor standards for one unit of product: standard hours 0.20 and 5 tandard wage rate \$12. During January, Oriole incurred 3,850 hours of direct labor and paid $47,163 in wages in production of 18,500 units. Calculate the direct labor rate and efficiency variances and indicate whether the variances are favorable or unfavorable. Direct labor rate variance Directlabor efficiency variance is

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