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Hallburton Mills Inc. Is a large producer of men's and women's clothing. The company uses standard cosis for all of lits products. The standard costs and actual cosis for a recent perlod are given below for one of the company's product lines $($per unit of product$)$:

$15$ points

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During this perlod, the company produced $6,500$ units of product. A comparison of standard and actual costs for the period on a total cost basis is also given above.

There was no inventory of materlals on hand to start the perjod. During the perlod, $22,100$ metres of materlals was purchased and used in production. The denominator level of activity for the perlod was $17,240$ hours.

Required:

For direct materials:

a$.$ Compute the price and quantity varlances for the perlod. $($Indicare the effect of each variance by selecting $"$F$"$ for favourable, $"$U$"$ for unfavourable, and "None" for no effect $($i$.$e$.,$ zero variance$).)$

$\backslash$table$[[$Prico variance,$$,6,125U$