Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (14 pounds @$4 per pound) Direct labor (3 hours $14 per hour) $ 56 42 During June the company incurred the following actual costs to produce 9,000 units. Direct materials (129,000 pounds @ $3.75 per pound) Direct labor (31,200 hours @ $14.15 per hour) AR Actual Rate SR Standard Rate AQ Actual Quantity SQ Standard Quantity AP SP Actual Price Standard Price (1) Compute the direct materials price and quantity variances $ 483,750 441,480 Check my work 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 favorable, unfavorable, or no Actual Cost $ 0 S 0 Required 2 > Standard Cost Complete this question by entering your answers in the tabs below. Check my work 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 variance. Round "Rate per hour answers to 2 decimal places.) Actual Cost $