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A company has provided the following data concerning one of the products in its standard cost system. Variable monufocturing overhead is applied to products on

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A company has provided the following data concerning one of the products in its standard cost system. Variable monufocturing overhead is applied to products on the basis of direct labor-hours. The company has reported the following actual results for the product for April: Required: a. Compute the materials price variance for April. b. Compute the materials quantity variance for April. c. Compute the labor rate variance for April. d. Compute the labor efficiency variance for April. (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.)

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