31) King Enterprises reports the following information regarding the production of one of its products for the month.

Direct labor standard (2.5 hrs. @ $18/hr.)	$45 per finished unit
Actual direct labor hours	88,800 hrs.
Actual finished units produced	35,000 units
Actual cost of direct labor	$1,554,000

Compute the:

a) Total direct labor cost variance;

b) the direct labor price or rate variance; and,

c) the direct labor quantity or efficiency variance.

Be sure to identify each variance as either favorable or unfavorable.