The following data reflect the current months activity for Vickers Corporation: Actual total direct labor $ 671,400 Actual hours worked 36,000 Standard labor-hours allowed for actual output (flexible budget) 35,000 Direct labor price variance $ 12,600 F Actual variable overhead $ 160,700 Standard variable overhead rate per standard direct labor-hour $ 4.50 Variable overhead is applied based on standard direct labor-hours allowed. Required: Compute the labor and variable overhead price and efficiency variances.