Dawson Toys, Limted, produces a toy calied the Maze. The company has recently created a standord cost system to help controi costs and has estabilshed the following standards for the Moze toy: Direct materials: 6 microns per toy at $0.33 per micron Direct labor: 1.2 hours per toy at $7.50 per hour During July, the company produced 5,500 Maze toys. The toy's production dota for the month are as follows: Direct materials 71,000 microns were purchased at a cost of $0.29 per micron. 29,750 of these microns were still in inventory at the end of the month. Oirect tabor 6,900 direct lobor-hours were worked at a cost of $56,580. Required: 1. Compute the following variances for July: (lindicate 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 final answer to the nearest whole dollar amount.) a. The materials price ond quantity variances. b. The labor rate and efficiency variances