Dawson Toys, Limited, produces a toy called the Maze. The company has recenty crealed a standard cost system to help control costs and has established the following standards for the Maze toy: Direct materials: 8 microns per toy at $0.33 per micron Direct labor 13 hours per toy at $670 per hour During July, the company produced 4,800 Maze toys. The toys production data for the month are as follows: Direct materials: 76,000 microns were purchased at a cost of $0.32 per micron 28.000 of these microns were still in inventory at the end of the month. Direct labor 6,640 direct labor hours were worked at a cost of 546,480 Required: 1. Compute the following variances for July (Indicate the elfect of ench vacionce by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e. zero voriance). Input all amounts os ponitive values. Do not round intermediate calculations. Round final onswer to the nearest whole doliar amount.) a. The materials price and quanuty variances b. The labor rate and efficiency variances