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Camila Company has set the following standard cost per unit for direct materials and direct labor. During June the company incurred the following actual costs

Camila Company has set the following standard cost per unit for direct materials and direct labor.
During June the company incurred the following actual costs to produce 8,500 units.
Direct materials (130,000 pounds @ $2.70 per pound) $351,000
Direct labor (30,300 hours @ $15.15 per hour),459,045
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.
Complete this question by entering your answers in the tabs below.
Required 2
Compute the direct materials price and quantity variances.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. (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 labor rate variance and the direct labor efficiency variance.
Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.
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