Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (15 pounds @ $3 per pound) Direct labor (3 hours @ $16 per hour) $ 45 48 During June the company incurred the following actual costs to produce 8,800 units. Direct materials (134,200 pounds @ $2.80 per pound) Direct labor (29,700 hours @ $16.10 per hour) $ 375,760 478,170 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 variance and the direct labor efficiency variance. 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 faw Actual Cost Standard Co ework AP = Actual Price SP Standard Price (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. Required 1 Required 2 Check my work Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable. Actual Cost Required 1 Required 2 > Standard Cost 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 selecting favoral variance. Round "Rate per hour" answers to 2 decimal places.) Actual Cost Standard Cost