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:

Line Item Description	Cost
Leather (3 strips @ $6)	$18.00
Direct labor (0.75 hr. @ $16)	12.00
Total prime cost	$30.00

During the first month of the year, the Boise plant produced 92,000 belts. Actual leather purchased was 287,500 strips at $3.60 per strip. There were no beginning or ending inventories of leather. Actual direct labor was 78,700 hours at $16.50 per hour.

Required:

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

Line Item Description	Amount	Effect
Rate variance	$fill in the blank 1	FavorableUnfavorableUnfavorable
Efficiency variance	$fill in the blank 3	FavorableUnfavorableUnfavorable
Total variance	$fill in the blank 5	FavorableUnfavorableUnfavorable