Pick 'n Swipe produces custom Festive cakes in the bakery. During December, the company prepared 6,000 cakes using 1,150 direct labor-hours. The company paid its direct labour workers at an average pay rate of R10.00 per hour. According to the standard cost card, each cake should require 0.20 direct-hours at a cost of R9.50 per hour. Required: Compute the labour efficiency variance and a labour rate variance. Use the drop down to specify if it is Favourable or Unfavourable.
	x		x
=				Price Variance
	x		x
=				Material Variance