The standard labor cost in the production of a pair ofMarxBrand athletic shoes is0.40hours at $13.00per hour. During the month of June,24,580pairs were produced. Actual labor costs were $102,360for8,530hours. 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 $ select an option

Favorable/Neither Unfavorable nor Favorable/Unfavorable

Labor Efficiency Variance $ select an option

Favorable/Neither Unfavorable nor Favorable/Unfavorable