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

Direct materials (14 pounds @ $3 per pound)	$ 42
Direct labor (2 hours @ $16 per hour)	32

During June the company incurred the following actual costs to produce 8,200 units.

Direct materials (116,900 pounds @ $2.75 per pound)	$ 321,475
Direct labor (19,500 hours @ $16.15 per hour)	314,925

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.