Huron Company produces a clearing compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: standard Quantity or Hosirs Standard Price or Rate standard cost Direct materials 7.96 pounds $2.10 per pound S 16,59 birect labor Q. 50 hours $5.00 per hour \$. 2.50 During the most recent month, the following octivity was recorded: - 14,850,00 pounds of moteriol were purchased ot a cost of $200 per pound b. All of the material purchased was used to produce 1,500 units of Zoom. c. 600 hours of direct lobor time were recorded ot a total lobor cost of \$4.200. Required: 1. Compute the materiols price and quantity variances for the month 2. 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 caleulations to the nearest whole dollor