Koocoo Company produced 20,000 air fryers in 2020. The standard quantity of direct labor hours was 2 hours per unit at a standard cost of $15 per hour. The accounting records showed that it incurred 42,000 direct labor hours and paid $16.20 per hour.

Q1. Compute the direct labor cost variance.

		$48,000 F
		$48,000 U
		$50,400 F
		$50,400 U

Q2. Compute the direct labor efficiency variance.

		$30,000 F
		$30,000 U
		$32,400 F
		$32,400 U