Cinturon Corporation produces high-quality leather belts. The company's plant in Boise uses a standard costing system and has set the following standards for materials and labor:

Leather (3 strips @ $4)	$12.00
Direct labor (0.75 hr. @ $12)	9.00
Total prime cost	$21.00

During the first month of the year, Boise plant produced 92,000 belts. Actual leather purchased was 287,500 strips at $4.20 per strip. There were no beginning or ending inventories of leather. Actual direct labor was 79,300 hours at $12.50 per hour.

Required:

Break down the total variance for labor into a rate variance and an efficiency variance using the columnar and formula approaches.

Rate variance	$
Efficiency variance	$
Total variance	$