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Parker Plastic, Incoiporated, manufactures plastic mats to use with roling office chairs. iss standard cost information for tast year follown: Parker Plastic had the following actual results for the past year Required: Calculate Parker Plastic s direct materials price and quantiry variances Note: Do not:round intermediate colculations. Indicate the effect of eoch variance by selecting "F" for favorable, " U " for unfovoroble, end "None" for no effect (i.e, zero verience)