During June the company incurred the following actual costs to produce 8,200 units. Direct materials (125,800 pounds 933.70 per pound ) Direct labor (29, eee hours a $15.15 per hour ) Direct labor (29, 06e hours \& $15.15 per hour) AR= Actual Rate AQ= Actual Quantity SQ= Standard Quantity AP= Actual Price SP =Standard (1) Compute the direct materials price and quantity variances. (2) Compute the direct labor rate variance and the direct labor efficiency variance. Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selecting favora variance. Round "Rate per hour" answers to 2 decimal places.)