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1 02:0 Dawson Toys, Limted, produces a toy called the MazeThe company has recently created a standard cost system to help control costs and has

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1 02:0 Dawson Toys, Limted, produces a toy called the MazeThe company has recently created a standard cost system to help control costs and has established the following standards for the Maze toy, Direct materials: 6 microns per toy at $150 per mieron Direct labor: 13 hours per toy at $21 per hour During July, the company produced 3,000 Maze toys. The toy's production data for the month are as follows. Direct materiak 25,000 microns were purchased at a cost of $1.48 per micron. 5,000 of these microns were still in inventory at the end of the month Direct lobor: 4.000 direct labor hours were worked at a cost of $38,000 Required Compute the following variances for July (Indicate the effect of each varlance by selecting "F* for favorable, "U" for unfavorable. and "None" for no effect (e. rero variance). Input all amounts as positive values.) The materials price and quantity variances D. The labor rote and efficiency variaces $ 500 ta Warrivare to Material Guantity wariance Laboris variance 1. Laboriency Vince tu

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