Question: I need help with this accounting question asap. I will give good rating!!! Camila Company has set the following standard cost per unit for direct

I need help with this accounting question asap. I will give good rating!!!

Camila Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (10 lbs. $3 per b.). $30 Direct labor (2 hrs. $12 per hr). Exercise 21-12 Direct materials and direct $24 labor variances P3 During June the company incurred the following actual costs to produce 9,000 units. Direct materials (92,000 lbs. @ $2.95 per lb.)... $271,400 Direct labor (18,800 hrs. @ $12.05 per ht)... $226,540 Compute the (1) direct materials price and quantity variances and (2) direct labor rate and efficiency vari- ances. Indicate whether each variance is favorable or unfavorable.

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