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Information regarding Maxwell's direct labor cost for the month of January follows: Direct labor hourly...

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Accounting

Information regarding Maxwell's direct labor cost for the month of January follows:
Direct labor hourly rate paid
$29.20
Total standard direct labor hours for units produced this period
Direct labor hours actually worked
11,700
Direct labor rate variance
11,500
$16,700 favorable
Required:
Compute the standard direct labor wage rate per hour in January. (Round your answer to 2 decimal
Compute the direct labor efficiency variance for January. Was this variance favorable or unfavorable? calculations. Round your answer to the nearest whole dollar amount.)
\table[[,,,],[1.,Standard direct labor rate per hour,,],[2.,Direct labor efficiency variance,,]]
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