Exerclse 9-13 (Algo) Dlrect Materlals and Dlrect Labor Varlances [LO9.4, LO9-5] Huron Compony produces a commercial clesning compound known as Zoom. The clirect materials and direct labor standards for one unit of Zoom are given below: During the most recent month, the following octivity wos recorded: a. Nineteen thousand two hundred and fifity pounds of material were purchased at a cost of $1.70 per pound. b. All of the material purchased wos used to produce 2,500 units of Zoom. c. 400 hours of direct labor time were recorded at a total labor cost of $5,200. Required: 1. Compute the materials price and quantity variances for the month. 2. Compute the labor rate and efficiency varionces for the month. (For all requirements, Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero varlance). Input all amounts as positive values. Round your Intermedlate calculations to the nearest whole dollar.)