During June the company incurred the following actual costs to produce 8,200 units.

Direct materials (125,200 pounds @ $3.70 per pound)$ 463,240Direct labor (27,600 hours @ $15.20 per hour)419,520

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.