Help Seve Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below. Standard Quantity or Standard Pris Bandard or Sate Cont Direct materials Direct labor 7.30 pounds 0.60 hours $2.00 per pound $9.00 per hour 830.44 85.40 During the most recent month, the following activity was recorded: a. 16,600.00 pounds of material were purchased at a cost of $2.50 per pound. b. All of the material purchased was used to produce 2,000 units of Zoom. c. 1,000 hours of direct labor time were recorded at a total labor cost of $12,000 Required: 1. Compute the materials price and quantity variances for the month. 2. Compute the labor rate and efficiency variances for the month. (For all requirements, Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for effect (l.e., zero variance). Input all amounts as positive values. Round your Intermediate calculations to the nearest whole de Materials price variance Materials quantity variance