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CoursHeroTranscribedText: Ex 16-39 1 The records of Norton, Inc. show the following for July. 10 Standard labor-hours allowed per unit of points 1. 6 output Skipped Standard variable overhead rate per standard 31 direct labor-hour Good units produced 60 , 000 Actual direct labor-hours worked 98 , 000 Actual total direct labor $2 , 178, 000 eBook Direct labor efficiency variance $ 41 , 000 U Actual variable overhead $2 , 840 , 000 Print Required: Compute the direct labor and variable overhead price and efficiency variances. (Do not round intermediate Reference calculations. 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.) Direct labor: Price variance Efficiency variance Variable overhead: Price variance Efficiency variance