Actual direct materials used 16,900 pounds at $4.50 per pound Actual direct labor used 17,535 hours at $28 per hour Actual units produced 31,800 Standard quantity and price per unit for direct materials 0.50 pound at $4.45 per pound Standard quantity and rate per unit for direct labor 0.50 hour at $29 per hour.AR = Actual Rate

SR = Standard Rate

AQ = Actual Quantity

SQ = Standard Quantity

AP = Actual Price

SP = Standard Price

(1) Compute the direct materials price and quantity variances.

(2) Compute the direct labor rate and efficiency variances.