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 8,300 units. Direct materials (119,200 pounds @$2.775 per pound) Direct labor (27,900 hours e $15.15 per hour ) $327,800422,685 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 answersin the tads below. Compute the direct labor rate variance and the difect labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places