1.) Annapolis Company completes job #601 which has a standard of 620 labor hours at a standard rate of $18.80 per hour.The job was completed in 520 hours and the average actual labor rate was $19.80 per hour.What is the labor rate variance?A negative number indicates an favorable variance and a positive number indicates an unfavorable variance. (Is it 520?)

2.) Annapolis Company completes job #601 which has a standard of 580 labor hours at a standard rate of $19.30 per hour.The job was completed in 660 hours and the average actual labor rate was $18.30 per hour.What is the labor efficiency (quantity) variance?A negative number indicates an favorable variance and a positive number indicates an unfavorable variance. (Is it 660?)