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 Hours		Standard Price or Rate			Standard Cost
Direct materials	7.20	pounds	$	2.90	per pounds	$	20.88
Direct labor	0.50	hours	$	10.00	per hour	$	5.00

During the most recent month, the following activity was recorded: 16.900 pounds of material were purchased at a cost of S2.60 per pound. All of the material purchased was used to produce 2,000 units of Zoom. 800 hours of direct labor time were recorded at a total labor cost of 58, 800. Compute the materials price and quantity variances for the month. Compute the labor rate and efficiency variances for the month