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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:

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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: During the most recent month, the following activity was recorded: a. 16,600 pounds of material were purchased at a cost of $2.05 per pound. b. All of the material purchased was used to produce 2,000 units of Zoom. c. 1,200 hours of direct labor time were recorded at a total labor cost of $11,400. Required: 1 Compute the materials price and quantity variances for the month. 2. Compute the labor rate and efficiency variances for the month

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