/flow/con 10 rcial cleaning ning compound known as Zoom. The direct materials and direct labor standards fo unit of Zoom are given below 6.30 pounds e.58 hours 2.50 per $1e.58 per hour $15.75 $ 5.25 labor 46 During the most recent month, the following activity was recorded a. Twelve thousand two hundred pounds of material were purchased at a cost of $2. 40 per pound. b. The company produced only 1,220 units, using 10.980 pounds of material. (The rest of the material purchased materials inventory.) C. 710 hours of direct labor time were recorded at a total labor cost of S8520. Required: the materials price and quantity variances for the month, (Indicate the effect of each variance by selecting "F for favorable, "U" for unfavorable, and "None for no effect (i.e., zero variance. Input all amounts as positive values. Do not intermediate calculations.) S 1.220 F S 1285 U Materials price variance K Prev3 f 5Next >