A company develops computing products. Assume one of its processors, Ryzon 8, has a standard labor time of 0.20 hour and a standard labor rate of $20 per hour. During January, the following activities pertaining to direct labor for the employee were recorded:

Direct labor hours used 61,000
Direct labor cost $1,176,000
Units of Ryzon 8 manufactured 310,000

Calculate the direct labor rate variance.

Calculate the direct labor efficiency variance.

Note: If the variance is Unfavorable, type a minus sign “-” in front of your answer. For example: if variance is $1,000 Unfavorable, type “-1,000” (no spaces). Do not include any decimal places; do not include the $ sign.