ACME Incorporated has the following standard unit cost for a single product related to direct labour:

2 hours @ $22.00 per hour = $44.00

Actual direct labour data for the month is as follows:

500 hours @ $21.10 per hour = $10,550

Actual production was 260 units.

Required:

Calculate all the direct labour variances for the month.

Prepare the journal entries to record all the variances.