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. 6 microns per toy at S031 per micron Direct labor 12 hours per toy at 5730 per hour During July, the company produced 5,000 Maze toys. The toys production data for the month ate as follows Direct materials. 79,000 microns were purchased at a cost of $0.28 per micron 41,500 of these microns were sullin Inventory at the end of the month. Direct labor 6,300 direct labor-hours were worked ot a cost of $49770 Required: 1. Compute the following variances for July (Indicate the effect of each variance by selecting "p" for favorable, "U" for unfavorable and "None" for no effect (le, zero verlence), 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 1. Matenat price Material quantity and 10. Laboravanance Labot afficiency anane