AtRoger, the standard quantity of labor is26hours per refrigeration unit. The standard wage rate is $33. In July, the company produced78refrigeration units and incurred2,000labor hours at a cost of $64,000.

Calculate the labor rate variance and the labor efficiency variance. Indicate whether the variances are favorable or unfavorable.(Round intermediate calculations to 2 decimal places, e.g. 14.37 and final answers to 0 decimal places, e.g. 125. Enter all variances as a positive number.)

Labor Rate Variance$

enter labour rate variance in dollar amount

select an option

Favorable

Neither Unfavorable nor Favorable

Unfavorable

Labor Efficiency Variance$

enter labour efficiency in dollar amount