Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (10 pounds @ $3 per pound) $ 30 Direct labor (2 hours @ $12 per hour) 24 During June the company incurred the following actual costs to produce 9,000 units. Direct materials (92,000 pounds @ $2.95 per pound) $ 271,400 Direct labor (18,800 hours @ $12.05 per hour) 226,540 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