Camita Company has set the following standard cost per unit for direct matorials and direct labor Direct materials (15 pounds 24 per pound) Difect laber (3 hours e 515 per howr) 54560 During June the company incurred the following octuol costs to produce 8.300 units. Direct nateriats (127,200 pounss a 53.75 per pound 5477,200 Direct tabor (26,800 hours o 515.15 per hour) 436,320 AR= Actual Rate SR= Standard Rote AQ=ActualQuanty SQ= Standard Ouantity AP= Actual Price SP = Standard Price (1) Compute the cirect moteribis price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficlency variance. Answer is not cemplete. Complete this question by entering your answers in the tabs below. SP= Standard Price (1) Compute the direct materiais price and quantity variance5. (2) Compute the direct labor rate variance and the direct labor efficiency variance. 8) Answer is not comple Complete this question by entering your answers in the tabs below. (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate varionce and the direct labor efficiency varianco. Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the direct labor rate variance and the direct labor efnciency varibnce. (Indicate the effect of each variance by selecting favorakie, upftrorable. of no. variance. Aound tRate per hour answers to 2 decimal places.)