Dawson Toys, Linted, produces a toy called the Maze. The company hos recently cieated a staridatd cost systern to help control costs and has crablished the following standards for the Maze toy: Diect materak. 7 microns pet toy at 50.33 per micron Direct labor: 1.5 hours per toy at $7.10 per thour During July. the company produced 5,400 Mare toys. The toys production data for the month are as follows: Drect matevirls 77.000 microns were purchased ot a cost of 50.32 per micron. 29750 of these microns were still in inventory at the end of the monti. Dincet Bbor. B, 400 direct labor hours were worked at a cost or 563,840 . Pequired: 1. Compute the following variances for Jily) (Indicete the effect of ench varience by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (i.e, rero verinnce), Input all amounts as positive values. Do not round intermediete coiculations. Round finol answer to the nearest whole dollor amount.). a. The matertals price and guantity varlances. b. The labor rate and efficiency warlancess