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I need helo with this asap, please!!! Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials

I need helo with this asap, please!!!

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

Direct materials (15 pounds @ $4 per pound) $ 60
Direct labor (2 hours @ $15 per hour) 30

During June the company incurred the following actual costs to produce 8,400 units.

Direct materials (128,900 pounds @ $3.70 per pound) $ 476,930
Direct labor (20,700 hours @ $15.10 per hour) 312,570

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.

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