Primary Co. has a standard materials price of $4.00 per pound and a standard direct labor rate of $18.00 per hour. Primary's actual direct materials price was $4.10 per pound and paid direct labor of $17.50 per hour. Assume an actual materials usage of 26,000 pounds and actual labor totaling 8,000 hours.

A. Calculate the direct materials price variance. Indicate whether the variance is favorable or unfavorable.

B. Calculate the direct labor rate variance. Indicate whether the variance is favorable or unfavorable.