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

Direct materials (15 pounds @ $3 per pound)	$ 45
Direct labor (3 hours @ $16 per hour)	48

During June the company incurred the following actual costs to produce 8,800 units.

Direct materials (134,400 pounds @ $2.70 per pound)	$ 362,880
Direct labor (30,100 hours @ $16.15 per hour)	486,115

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.