9 Dawson Toys, Limted, produces a toy called the Maze. The 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 $0.32 per micron Direct labor: 1.4 hours per toy at $7.10 per hour During July, the company produced 4,600 Maze toys. The toy's production data for the month are as follows: Direct materialist 76,000 microns were purchased at a cost of $0.29 per micron. 41,500 of these microns were still in inventory at the end of the month. Direct labor. 6,840 direct labor-hours were worked at a cost of $52,668. Required: 1. Compute the following variances for July: (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect {i.e., zero variance}. Input all amounts as positive values. Do not round intermediate calculations. Round nal answer to the nearest whole dollar amount} a. The materials price and quantity variances. b. The labor rate and efficiency variances. 13. Material price variance 1a. Material quantity van'ance llb. Labor rate variance 1b. Labor efcient-,3;r variance