At the start of 2012, Textile Express Company determined its standard labor cost to be 25 hours per unit at $14.00 per hour. The budget for variable overhead was $8 per unit, and budgeted fixed overhead was $15,000 for the year. Expected annual production was 5,000 units. During 2012, the actual cost of labor was $14.25 per hour. Textile Express produced 4,800 units requiring 11,700 direct labor hours. Actual overhead for the year was $48,000.

Required

Calculate labor rate and efficiency variances and the controllable overhead variance and the overhead volume variance.