Lucia 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 (3 hours @ $15 per hour)	45

During May the company incurred the following actual costs to produce 9,000 units.

Direct materials (138,000 pounds @ $3.75 per pound)	$ 517,500
Direct labor (31,000 hours @ $15.10 per hour)	468,100

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.