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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

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Camila Company has set the following standard cost per unit for direct materials and direct labor.
Direct materials (15 pounds @ $4 per pound)
Direct labor (2 hours @ $15 per hour)
$60
30
During June the company incurred the following actual costs to produce 8,800 units.
Direct materials (134,500 pounds @ $3.80 per pound)
Direct labor (22,100 hours @ $15.20 per hour)
$511,100
335,920
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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