Oriole Family Instruments makes cellos. During the past year, the company made 6,630 cellos even though the budget planned for only 5,780. The company paid its workers an average of $15 per hour, which was $1 higher than the standard labor rate. The production manager budgets four direct labor hours per cello. During the year, a total of 24,840 direct labor hours were worked.
Required:
Calculate the direct labor rate and efficiency variances.
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