Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (10 pounds $3 per pound) Direct labor (2 hours @ $12 per hour) $ 30 24 During June the company incurred the following actual costs to produce 9,000 units. Direct materials (92,000 pounds @ $2.95 per pound) Direct labor (18,800 hours @ $12.05 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. $ 271,400 226,540 (2) Compute the direct labor rate variance and the direct labor efficiency variance Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favoral Actual Cost AQ AP AQ x SP x x Price variance Quantity variance Total direct materials variance $ 0 S $ 0 0 S 0 Standard Cost SQ Required t Required 2 > SP SP Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by select unfavorable, or no variance.) Actual Cost AQ AR 0 Standard Cost 00 AQ SR SQ SR Rate variance Efficiency variance 0 0 Total direct labor variance $ 0 Required 1 Regulio 2