The standard labor cost in the production of a pair ofH55Brand athletic shoes is0.40hours at $14.00per hour. During the month of June,22,510pairs were produced. Actual labor costs were $111,300for7,950hours. Compute the labor rate and labor efficiency variances for the month of June.(Round actual wage rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125. Enter all variances as a positive number.)

Labor Rate Variance $____________ Favorable/Unfavorable/Neither Favorable nor Unfavorable

Labor Efficiency Variance $____________ Favorable/Unfavorable/Neither Favorable nor Unfavorable