Huron Company produces a commercial 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	7.80	pounds	$	2.50	per pounds	$	19.50
Direct labor	0.30	hours	$	6.00	per hour	$	1.80

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

a.	9,300 pounds of material were purchased at a cost of $2.20 per pound.
b.	All of the material purchased was used to produce 1,000 units of Zoom.
c.	200 hours of direct labor time were recorded at a total labor cost of $1,400.

1. Compute the materials price and quantity variances for the month

2. Compute the labor rate and efficiency variances for the month.