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: 8 microns per toy at $0.30 per micron Direct labor 12 hours per toy at $660 per hour During July, the company produced 5.400 Maze toys. The toy's production data for the month are as follows: Direct materials: 79,000 microns were purchased at a cost of $0.29 per micron 25,000 of these microns were still in inventory at the Dieect labor 6,880 direct labor-hours were worked at a cost of 549,536 Required: 1 Compute the following variances for July (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable and "None" for no effect de zero variance), Input all amounts as poitive values. Do not round intermediate calculations. Round final answer to the nearest whole dollar amount.) The materials price and quantity variances b The labor rate and efficiency variances end of the month 1a. Material price variance Material quantity variance 1b. Laborrate variance Labor efficiency variance