Dawson Toys, Ltd. 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. 7 microns per toy at $0 34 per micron Direct labor 15 hours per toy at $740 per hour During July, the company produced 5100 Maze toys. The toy's production data for the month are as follows: Direct materials 77,000 microns were purchased at a cost of $0.32 per micron 32, 375 of these microns were still in inventory at the end of the month Direct labor. 8,250 direct labor hours were worked at a cost of $66,825 Required: 1. Compute the following variances for July (Indicate the effect of each verlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts os positive values. Do not round intermediate calculations, Round final answer to the nearest whole dollar amount) a. The materials price and quantity variances b. The labor rate and efficiency variances ta Material price variance Material quantity variance 1b Laborrata variance Labor efficiency variance