The following data reflect the current month’s activity for Sills, Inc.:

Actual total direct labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $546,000

Actual hours worked . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26,000

Standard labor-hours allowed for actual output (flexible budget) . . . 27,000

Direct labor price variance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $19,500 U

Actual variable overhead. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $132,600

Standard variable overhead rate per standard direct labor-hour. . . . . . $5.25

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

Required

Compute the labor and variable overhead price and efficiency variances.