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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. 19.500 .00 pounds of material were purchased at a cost of $210 per pound. b. All of the material purchased was used to produce 2,500 units of Zoom. c. 1,025 hours of direct labor time were recorded at a total labor cost of $9,225 Required: 1. Compute the materials 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 voriance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i.e., zero variance). Input all omounts as positive volues. Round your intermediote colculations to the nearest whole dollor

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