the following data reflect the current month's activity for vickers corporation.

actual total direct labor $685,610 actual hours worked 37,000 standard labor hours allowed for actual output (flexible budget) 36,000 direct labor price variance $17,390 F actual variable overhead $161,600 standard variable overhead rate per standard direct labor-hour $4.40

Variable overhead is applied based on standard direct labor-hours allowed.

Compute the labor and variable overhead price and efficiency variances. Indicate the effect of each.