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

Direct materials (15 pounds @ $5 per pound)	$ 75
Direct labor (4 hours @ $16 per hour)	64

During June the company incurred the following actual costs to produce 8,300 units.

Direct materials (127,000 pounds @ $4.75 per pound)	$ 603,250
Direct labor (36,200 hours @ $16.15 per hour)	584,630

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.