6 Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (15 pounds @ $4 per pound) Direct labor (2 hours @ $15 per hour) $ 60 30 3 points During June the company incurred the following actual costs to produce 9,000 units. 8 04:36:01 Direct materials (137,700 pounds @ $3.80 per pound) Direct labor (21,200 hours @ $15.10 per hour) $ 523, 260 320,120 Skipped AR = Actual Rate SR = Standard Rate eBook AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Hint (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficiency variance. Print Complete this question by entering your answers in the tabs below. of References Required 1 Required 2 Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Actual Cost Standard Cost $ 0 $ 0 $ 0 Required Required 2 > 6 Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (15 pounds @ $4 per pound) Direct labor (2 hours @ $15 per hour) $ 60 30 points During June the company incurred the following actual costs to produce 9,000 units. 8 04:35:55 Direct materials (137,700 pounds @ $3.80 per pound) Direct labor (21,200 hours @ $15.10 per hour) $ 523,260 320, 120 Skipped AR = Actual Rate SR = Standard Rate eBook AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price Hint (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficiency variance. Print Complete question by entering your answers in the tabs below. References Required 1 Required 2 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) Actual Cost Standard Cost $ 0 $ 0 $ 0 0