Camila Company has set the following standard cost per unit for direct materials and direct labor. Directmaterials(15pounds@$3perpound)Directlabor(2hours@$15perhour)$4530 During June the company incurred the following actual costs to produce 8,200 units. Direct materials ( 125,600 pounds @ $2.70 per pound) Direct labor (19,500 hours @ \$15.15 per hour) $339,120 295,425 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. Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unf (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. Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting fave Complete this question by entering your answers in the tabs below. Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by sele variance. Round "Rate per hour" answers to 2 decimal places.)