Information for a company's production activities for this year follows. Standard quantity and price per...
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Accounting
Information for a company's production activities for this year follows. Standard quantity and price per unit for direct materials Standard quantity and rate per unit for direct labor Actual direct materials used Actual direct labor used Actual units produced AR Actual Hours SH Standard hours Actual Rate SR Standard Rate Actual Quantity SQ standard Quantity Actual Price Standard Price pounds at $ per pound hours at $ per hour pounds at $ per pound hours at $ per hour units Complete this question by entering your answers in the tabs below. Required Calculate the direct labor rate and efficiency variances. Indicate whether each is favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. 
Information for a company's production activities for this year follows.
Standard quantity and price per unit for direct materials Standard quantity and rate per unit for direct labor Actual direct materials used
Actual direct labor used
Actual units produced
AR Actual Hours
SH Standard hours
Actual Rate
SR Standard Rate
Actual Quantity
SQ standard Quantity
Actual Price
Standard Price
pounds at $ per pound
hours at $ per hour
pounds at $ per pound
hours at $ per hour units
Complete this question by entering your answers in the tabs below.
Required
Calculate the direct labor rate and efficiency variances. Indicate whether each is favorable or unfavorable.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.
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