Current Attempt in Progress Shetheld Family Instruments makes cellok During the past year, the company made 6.440 cellos even though the budget planned for only 5,550 . The compamy paid its wokkers an average of 520 per hour, which was 50.50 higher than the standard labor fate. The production mansger budgets 4 direct labor hours per cello. During the yean a total of 24,650 direct labor hours were worked (a) Calkulate the direct labor rate and efficiency variances, (ff variance is zero, velect "Nor Applicable" and enter ofor the amounts) Direct bbor rate variance Direct labor efficiency variance 5 Current Attempt in Progress The following labor standards have been set for a Droduct: The following data pertain to operations for the period: Calculate the direct labor rate and efficiency variances and indicate wiether the variances are favorable or unfivorable