The standard direct labor cost per reservation for Harrys Hotel is $2 (= $14 per labor-hour 7 reservations per hour). Actual direct labor costs during the period totaled $50,240. Also during the period, 2,250 labor-hours were worked, and 10,000 reservations were made.

Required:

Compute the direct labor price and efficiency variances for the period.

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Direct Labor Price Variance
Efficiency Variance