The following information describes production activities of Mercer Manufacturing for the year:

Actual raw materials used	25,000 lbs. at $4.60 per lb.
Actual factory payroll	6,050 hours for a total of $120,395
Actual units produced	36,000

Budgeted standards for each unit produced are 0.50 pounds of raw material at $4.55 per pound and 10 minutes of direct labor at $20.90 per hour.

(1)	Compute the direct materials price and quantity variances. (Round your answers to 2 decimal places.)

(2)	Compute the direct labor rate and efficiency variances. (Do not round your intermediate calculations. Round your answers to 2 decimal places.)