Rueda Company produces wheels for bicycles. During the year, $661,000$ wheels were produced. The actual labor used was $360,000$ hours at $$9\mathrm{.}60$ per hour. Rueda has the following labor standards: $0\mathrm{.}47$ hour at $$9\mathrm{.}90.$

Required: Please enter all values as a positive amount.

Compute the labor rate variance.

$

Compute the labor efficiency variance.

$