Huron Company produces a cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost
Direct materials	6.50	pounds	$ 1.90	per pound	$ 12.35
Direct labor	0.30	hours	$ 13.00	per hour	$ 3.90

During the most recent month, the following activity was recorded:

1. 20,500.00 pounds of material were purchased at a cost of $1.70 per pound.
2. All of the material purchased was used to produce 3,000 units of Zoom.
3. 800 hours of direct labor time were recorded at a total labor cost of $12,000.

Required:

1. Compute the materials price and quantity variances for the month.
2. Compute the labor rate and efficiency variances for the month.