Camila Company has set the following standard cost per unit for direct materials and direct labor. Directmateriats(15poundse$4perpound)Directlabor(2hours@$14perhour)$6028 During June the company incurred the following actual costs to produce 8,400 units. Direct materials (128,600 pounds \& $3.75 per pound ) Direct labor (21,70e hours e $14,15 per hour) $482,250 307,655 AR=ActualRateSR=StandardRateAQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficiency variance. Complete this question by entering your answers in the tabs below. Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfav Complete this question by entering your answers in the tabs below. Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selecting favorabl variance, Round "Rate per hour" answers to 2 decimal places.)