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

Direct materials $(16$ pounds @ $$5$ per pound$)$ $$80$

Direct labor $(2$ hours @ $$16$ per hour$)32$

During May the company incurred the following actual costs to produce $8,300$ units.

Direct materials $(134,900$ pounds @ $$4\mathrm{.}80$ per pound$)$ $$647,520$

Direct labor $(20,000$ hours @ $$16\mathrm{.}10$ per hour$)322,000$

$AR=$ Actual Rate

$SR=$ Standard Rate

$AQ=$ Actual Quantity

SQ $=$ Standard Quantity

$AP=$ Actual Price

$SP=$ Standard Price

$AH=$ Actual Hours

$SH=$ Standard Hours

$(1)$ 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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Compute the direct materials price and quantity variances.

Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.