5 Husn Concary produces a commercial clearing sampung known in Zoors The dedans and decanters the one unt of Zoom are given below During the most recent month, the folowing acty 100000 pounds of mate were punched at a cost of $210 pound 1A of the material purchased s 500 hours of direct tabir t ded at a fatto co $6500 M Compute the matenus price and quitry vacances for the mod 2. Compute the labor rate and efficiency variances For all requirements, Indicate the effect of each variance by selection, and "N effect e, sera veriences Input all amounts Round your mada 0120 Huron Company produces a commercial cleaning compound known in Zoom. The direct meteras and direct labor standarts for one unit of Zoom are given below Standard Qantity in obot Price at A Sumand.C Direct paterials Direct Duning the most recent month, the folowing activity was recorded 1100000 pounds of matenal were purchased at a cost of $2.50 per pound b All of the material purchased was used to produce 1500 units of Zoom c500 hours of direct labor time were recorded at a total labor cost of $6,500 Required: 1 Compute the materials price and queenny variances for the month 2. Compute the labor rate and efficiency variances for the mont (For all requirements, Indicate the effect of each varience by selecting "" for favorable, "U" for untevorable, and "None" for ne effect (zero veriance). Input all amounts as positive values. Round your intermediate calculations to the nearest whole deller) 1. Materials price vari Materials quantity veriance 2 Labor rate variance Labor afcency variance Help Seve & C