Huron Company produces a cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:

Standard Quantity or Hours Standard Price or Rate Standard Cost

Direct materials $6\mathrm{.}90$ pounds $ $2\mathrm{.}60$ per pound $ $17\mathrm{.}94$

Direct labor $0\mathrm{.}30$ hours $ $7\mathrm{.}00$ per hour $ $2\mathrm{.}10$

During the most recent month, the following activity was recorded:

$19,250\mathrm{.}00$ pounds of material were purchased at a cost of $$2\mathrm{.}40$ per pound.

All of the material purchased was used to produce $2,500$ units of Zoom.

$450$ hours of direct labor time were recorded at a total labor cost of $$4,500.$

Required:

Compute the materials price and quantity variances for the month.

Compute the labor rate and efficiency variances for the month.

Note: For all requirements, 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. Round your intermediate calculations to the nearest whole dollar. Huron Company produces a cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom

are given below:

During the most recent month, the following activity was recorded:

a$.19,250\mathrm{.}00$ pounds of material were purchased at a cost of $$2\mathrm{.}40$ per pound.

b$.$ All of the material purchased was used to produce $2,500$ units of Zoom.

c$.450$ hours of direct labor time were recorded at a total labor cost of $$4,500.$

Required:

Compute the materials price and quantity variances for the month.

Compute the labor rate and efficiency variances for the month.

Note: For all requirements, 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. Round your intermediate calculations to the nearest

whole dollar.