Question: Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below] A manufactured product has the

Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below] A manufactured product has the following information for June. Exercise 21-10 (Static) Direct labor variances LO P3 Compute the (1) direct labor rate variance and ( 2 ) direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfovorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) AH=ActualHoursSH=StandardHoursAR=ActualRateSR=StandardRate

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