ABC has the following information pertaining to its usage of direct labor in a recent period:

Total units manufactured	7,200
Total direct labor hours used	22,000
Actual wage rate per hour	$15
Standard wage rate per hour	$14
Standard hours per unit of output	3

What is the direct labor efficiency variance for the period? (Be sure to note if it is favorable or unfavorable.)

What is the labor rate variance for the period? (Be sure to note if it is favorable or unfavorable.)