Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labour standards for one unit of Zoom follow or Hours or Rate $9.68 4.51 0.74 2.20 per kilogram Direct materials Direct labour Variable overhead 4.40 kilograms 0.41 hour 0.41 hour $11.00 per hour s 1.80 per hour The budgeted fixed overhead cost is $15,851 per month. The denominator activity level of the allocation base is 861 direct labour-hours. During the most recent month, the following activity was recorded: a. 9,100 kilograms of material were purchased at a cost of $2.22 per kilogram. b. All of the material purchased was used to produce 2,100 units of Zoom. c. A total of 850 hours of direct labour time was recorded at a total labour cost of 9,435 d. The variable overhead cost was $1,700, and the fixed overhead cost was $17,108 Required: 1. Compute the direct materials price and quantity variances for the month. (Indicate the effect of each vace by selocting P" for favorable, "U" for unfavorable, and "None" for no effect (i.e, zero Materials price variance Materals quantity variance 2. Compute the direct labour rate and efficiency variances for the month. (Indicate the offect of each variance by selecting "F for favorable, "U" for unfavorable, and "None" for no effect (Le, zero Labour rate variance