The following labor standards have been established for a particular product:

Standard labor hours per unit of output

Standard labor rate

4.6 hours

$ 17.50 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked

Actual total labor cost

Actual output

6,000 hours

$ 105,600

1,200 units

Required:

1. What is the labor rate variance for the month?
2. What is the labor efficiency variance for the month?