Dowson Toys, Limited, produces a toy called the Moze with the following standards: Direct materials 7 microns per toy at $0,34 per micron Direct labor: 13 houfs per toy at $7.20 per hour During tuty, the company produced 5,200M020 toys. The toy's production date for the month are as follows: Direct matenals, 71,000 microns were purchased at a cost of $0.33 per micron. 25,500 of these microns were still in inventory at the end of the month. Durect lobor, 7,260 direct labor-hours were worked at a cost of $55,176 Required: 1. Compute the following variances for July. Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (te., zero variance), Input all emounts as positive values, Do not round intermediate calculations. Round finat answer to the nearest whole dollar amount. a. The moterials price and quantify variances. b. The lobor rate and efficiency variances