Variable Cost Variances

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

Actual total direct labor	$655,200
Actual hours worked	37,700
Standard labor-hours allowed for actual output (flexible budget)	36,500
Direct labor price variance	$23,400 F
Actual variable overhead	$157,120
Standard variable overhead rate per standard direct labor-hour	$4.20

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

Required

Compute the labor and variable overhead price and efficiency variances.