Dawson Toys, Limited, produces a toy called the Maze. The company has recently created a standard cost system to help and has established the following standards for the Maze toy: Direct materials: 8 microns per toy at $0.30 per micron Direct labor: 1.2 hours per toy at $7.30 pet hour During July, the company produced 5,000 Maze toys. The toys production data for the month are as follows: Direct materials 73.000 mictons were purchased at a cost of $0.29 per micron. 23.000 of these microns were still in inven end of the month. Direct labor: 6,500 direct labor-hours were worked at a cost of $50.050. Required: 1. Compute the following variances for July: (indicate the effect of each variance by selecting "F" for favorable, "U" for ur and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculatio final answers to the nearest whole dollar amount.) a. The materials price and quantity variances. b. The labor rate and efficiency varlances