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Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials ( 1 5 pounds @ $ 4

Camila Company has set the following standard cost per unit for direct materials and direct labor.
Direct materials (15 pounds @ $4 per pound) $ 60
Direct labor (3 hours @ $14 per hour)42
During June the company incurred the following actual costs to produce 8,900 units.
Direct materials (136,100 pounds @ $3.75 per pound) $ 510,375
Direct labor (30,300 hours @ $14.15 per hour)428,745
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.
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