Lucia Company has set the following standard cost per unit for direct materials and direct labor. Directmaterials(15pounds&$perpound)Directlabor(2hours&$15perhour)$6030 During May the company incurred the following actual costs to produce 8,300 units. AR= Actual Rate SR=StandardRate 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