Baker Beautification Company manufactures candles. The standard direct materials quantity required to produce one large candle is 1 pound at a cost of $6 per pound. Every candle requires 2 direct labor hours at a standard cost of $13 per direct labor hour. During November, 7,200 large candles were produced using 7,500 pounds costing $37,500. At the end of November, an examination of the labor cost records showed that the company used 15,000 direct labor hours (DLHr) at an actual cost of $12 per hour. Compute the cost variance for direct labor AND the efficiency variance for direct labor