Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (9.0 pounds @ $3.70 per pound) Direct labor (5.4 hours @ $17.50 per hour) During June the company incurred the following actual costs to produce 9,500 units. Direct materials (89,800 pounds @ $3.50 per pound) Direct labor (56,400 hours @ $17.80 per hour) AR = Actual Rate SR Standard Rate AQ = Actual Quantity SQ Standard Quantity AP = Actual Price SP = Standard Price $ 33.30 94.50 $ 314,300 1,003,920 (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficiency variance.

Camila Company has set the following standard cost per unit for direct materials and direct id During June the company incurred the following actual costs to produce 9,500 units. Direct materials (89,800 pounds $3.50 per pound) $314,300 Direct labor (56,400 hours $17.80 per hour) 1,003,920 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