Dawson Toys, Lirited, produces a toy callod the Maze. The compary has recently croated o stancdard cost system to help control costs and has established the following standards for the Maze toy: Direct materials: 7 microns per toy at $0,30 per micron Direct labor: 1,4 hours per toy at $6,60 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 $0.27 per micron. 32,500 of these microns were still in inventory at the end of the month. Direct labor: 7,880 diroct labor hours were woeked at a cost of $54,372. Required: 1. Compute the following variances for July: Note: Indicate the elfect of each varlance 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 found intermedlate calculations. Round final answer to the nearest whole dollar amount. a. The moteriais price and quantity variances: b. The labor tate and efficiency variances