Dawson Toys, Limited, 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: 8 microns per toy at $0.35 per micron Direct labor. 1.5 hours per toy at $7.40 per hour During July, the company produced 5,200 Maze toys. The toy's production data for the month are as follows: Direct materials: 78,000 microns were purchased at a cost of $0.34 per micron. 26,000 of these microns were still in inventory at the end of the month. Direct labor: 8,400 direct labor-hours were worked at a cost of $65,520. Requlred: 1. Compute the following variances for July: (Indleate the effect of each verlence by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positlve values. Do not round Intermedlate caleulations. Round flnal answer to the nearest whole doller amount.) a. The materials price and quantity variances. b. The labor rate and efficiency variances