Material and Labor - Variances

Direct Material   Direct Labor -  Variances

Std. price per unit of input                           $12 per foot                  $14 per hour

Actual price per unit of input                        $14 per foot                  $13 per hour

Std. inputs allowed per unit of output                    5 feet                         3 hours

Actual units of input                                        2,500 feet                   1,550 hours

Actual units of output                                       600 units

Required:

Compute the price and quantity variances for direct materials and direct labor.