Camila Company has set the following standard cost per unit for direct materials and direct labor:

birect naterials $(16$ pounds $$$5$ per pound$)$ $$88$

birect labor $(4$ hours $$$16$ per hour$)$

During June the company incurred the following actual costs to produce $8,500$ units.

Direct materials pounds per pound$)$

Direct labor hours $$16\mathrm{.}10$ per hour$)$

$663,849$

$619,850$

$AR=$ Actual Rate

$SR=$ Standard Rate

$AQ=$ Actual Quantity

$SQ=$ Standard Quantity

$AP=$ Actual Price

$SP=$ Standard Price

$AH=$ Actual Hours

$(1)$ 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.

Note: Indicate the effect of each variance by selecting favonable, unfavorable, or na wanlance.