AtSipacore, the standard quantity of labor is22hours per refrigeration unit. The standard wage rate is $34. In July, the company produced75refrigeration units and incurred2,120labor hours at a cost of $67,840.

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 $? Favorable / Neither favorable or unfavorable / unfavorable

Labor Efficiency Variance $? Favorable / Neither favorable or unfavorable / unfavorable