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The following data are given for Taylor Company:

Budgeted production	1,000 units
Actual production	980 units
Materials:
Standard price per pound	$2.00
Standard pounds per completed unit	12
Actual pounds purchased and used in production	11,800
Actual price paid for materials	$23,000
Labor:
Standard hourly labor rate	$14.00 per hour
Standard hours allowed per completed unit	4.5
Actual labor hours worked	4,560
Actual total labor costs	$62,928
Overhead:
Actual and budgeted fixed overhead	$27,000
Standard variable overhead rate	$3.50 per standard labor hour
Actual variable overhead costs	$15,500
Overhead is applied based on standard labor hours.

Compute the direct labor rate and time variances for Taylor Company. Enter favorable variances as negative numbers.

Line Item Description	Amount	Variance
Direct labor rate variance	$fill in the blank 1	FavorableUnfavorable
Direct labor time variance	$fill in the blank 3	FavorableUnfavorable