Question: Information regarding Maxwell s direct labor cost for the month of January follows: Direct labor hourly rate paid$ 2 9 . 7 0 Total standard

Information regarding Maxwells direct labor cost for the month of January follows:
Direct labor hourly rate paid$ 29.70Total standard direct labor hours for units produced this period12,200Direct labor hours actually worked12,000Direct labor rate variance$ 17,200favorable
Required:
Compute the standard direct labor wage rate per hour in January.
Note: Round your answer to 2 decimal places.
Compute the direct labor efficiency variance for January. Was this variance favorable or unfavorable?
Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.

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