Builder's Depot developed standard costs for direct

material and direct labor. In 2015, they

estimated the following standard costs for one of their

major products, the 10-gallon plastic container.

Budgeted quantity

Direct materials.

0.10 pounds.

Direct labor.

0.05 hours.

Budgeted price

$30 per pound

$15 per hour

In the month of June, Builder's Depot produced and sold

10,000 containers using 980 pounds of direct materials at

an average cost per pound of $32 and 500 direct

manufacturing labor-hours at an average wage of $15.25

per hour.

Calculate for the month of June:

d) direct manufacturing labor price variance

e)direct manufacturing labor efficiency variance