Exercise $21-12($Algo$)$ Direct materials and direct labor variances LO P$3$

Camila 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 @ $$14$ per hour$)$

$42$

During June the company incurred the following actual costs to produce $8,800$ units.

Direct materials pounds @ $$3\mathrm{.}70$ per pound$)$

$$499,130$

Direct labor hours @ $$14\mathrm{.}10$ per hour$)$

$428,640$

$AR=$Actual Rate

$SR=$ Standard Rate

$AQ=$Actual Quantity

$SQ=$ Standard Quantity

$AP=$ Actual Price

$SP=$ Standard Price

$AQ=$ 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.

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.$)$

Do the two parts they are asking please.

So it should be two tables