Use the following to answer questions 32- 33:

Stanton Co. uses the following standards in the production of its only product:

Direct material 18 pounds at $25 per pound

Direct labor: 6 hours at $18 per hour.

During March company records showed the following:

The material purchase price variance is ?

The direct labor efficiency variance is ?

During March company records showed the following: 12,000 pounds at a cost of $264,000 15,000 pounds Material purchased Material used Direct labor hours Units produced 4,700 hours at a cost of $21.00 per hour 800 units