Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (14 pounds @ $5 per pound) $ 70 Direct labor (3 hours @ $16 per hour) 48 During June the company incurred the following actual costs to produce 8,400 units. Direct materials (120,400 pounds @ $4.80 per pound) $ 577,920 Direct labor (29,800 hours @ $16.10 per hour) 479,780 AR = Actual Rate SR = Standard Rate