26. 10.00 points in reviewing activity for July, the controller of Belefonte, Inc. collected the following data cancering direct materials: Actual production Drect materials purchased (actual) Standard cost of materials purchased Standard drect materials costs per unit produced Standard price times actual amount of materials used 5104,200 unt $1,545,200 $1,560.000 144 $1,411,950 Required: Compute the direct materials cost variances (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select wither option.) Direct Materials Price vatance Efficiency variance Cost variances