Requlred Informatlon

Use the following information for the Exercises below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

A manufactured product has the following information for June.

Exercise $21-10($Algo$)$ Direct labor variances LO P$3$

Compute the $(1)$ direct labor rate variance and $(2)$ direct labor efficiency variance. $($Indleate the effect of eoch varlance by selecting

favorable, unfavorable, or no varlance. Round "Rate per hour" answers to $2$ declmal places.$)$

AH $=$ Actual Hours

$SH=$ Standard Hours

$AR=$ Actual Rate

$SR=$ Standard Rate