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Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (15 pounds @ $5 per pound) Direct labor (3 hours @ $15 per hour) $ 75 45 During June the company incurred the following actual costs to produce 8.300 units. Direct materials (127,400 pounds @ $4.75 per pound) Direct labor (28,000 hours @ $15.15 per hour) $ 605,150 424,200 Actual Rate S 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. Complete this question by entering your answers in the tabs below. labor efficiency variance. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance) Actual Cost AQ AD > X AP $ 4.75 SO SP $ 5.00 Standard Cost x SP X $ 500 127,400 X X S 605,150 S 0 0 S 0 0 Required Required 2 > de labor rate variance and the direct labor efficiency variance Beta Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct labor rate variance and the direct labor efficiency variance (Indicate the effect of each variance by selecting fun variance. Round "Rate per hour answers to 2 decimal places) Actual Cost Standard Cont $ 0 0 $ $ 0 0 Here

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