Required information The following information applies to the questions displayed below.) Amanufactured product has the...
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Required information The following information applies to the questions displayed below.) Amanufactured product has the following information for June Direct materials Direct labor Overhead Units manufactured Standard 6 lbs. @ $7 per lb. 3 hrs. @ $15 per hr. 3 hrs. $12 per hr Actual 45,400 lbs. $7.10 per lb. 22,100 hes. $15.50 per he. $276,700 7,569 Compute the direct loborrate variance and the direct labor efficiency variance (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour" answers to 2 decimal places.) AH - Actual Hours SH-Standard Hours AR-Actual Rate SR = Standard Rate Standard Cost Actual Cost
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