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Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Compute the direct labor rate variance and the direct labor efficiency variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places.) Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (15 pounds 94 per pound) Direst labor ( 3 hours 8$15 per hour) $60 During June the company incurred the following actual costs to produce 8,500 units. Direct materials (129,700 pounds e 33.75 per pound) \& 486,375 Direct labor (28,600 hours 8$15.10 per hour) 431,860 AR=ActualRateSR=StandardRateAQ=ActualQuantitySQ=StandardQuantityAP=ActualPriceSP=StandardPrice (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