The following data reflect the current months activity for Vickers Corporation.

Actual total direct labor	$	688,940
Actual hours worked		37,000
Standard labor-hours allowed for actual output (flexible budget)		35,700
Direct labor price variance	$	14,060	F
Actual variable overhead	$	161,700
Standard variable overhead rate per standard direct labor-hour	$	4.40

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

Required:

Compute the labor and variable overhead price and efficiency variances.