The standard cost of product 5252 includes1.90hours of direct labor at $12.30per hour. The predetermined overhead rate is $22.00per direct labor hour. During July, the company incurred4,000hours of direct labor at an average rate of $12.60per hour and $80,400of manufacturing overhead costs. It produced2,000units.

Compute :

Total Labor Variance = $ ? (tell if is favorable, unfavorable or neither favorable nor unfavorable)

Labor quantity Variance =$ ? (tell if is favorable, unfavorable or neither favorable nor unfavorable)