Problem - Fundamentals of Variance Analysis

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          132,6200

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.