The following data is give for the Walker Company:

Budgeted production 1,000 units

Actual production 980 units

Materials:

Standard price per lb $2.00

Standard pounds per completed unit 12

Actual pounds purchased and used in production 11,800

Actual price paid for materials $23,000

Labor:

Standard hourly labor rate $14 per pound

Standard hours allowed per completed unit 4.5

Actual labor hours worked 4,560

Actual total labor costs $62,928

Overhead:

Actual and budgeted fixed overhead $27,000

Standard variable overhead rate $3.50 per standard labor hour

Actual variable overhead costs $15,500

Overhead is applied on the standard labor hours.

A. The direct labor rate variance is:

B. The direct labor time variance is: