Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labour standards for one unit of Zoom follow: Direct materials Direct labour Variable overhead Standard Quantity or Hours Standard Price 4.10 kilograms 0.42 hour 0.42 hour or Rate $1.90 per kilogram $9.00 per hour $1.50 per hour Standard Cost $ 7.79 3.78 0.63 The budgeted fixed overhead cost is $14,413 per month. The denominator activity level of the allocation base is 1,134 direct labour- hours. During the most recent month, the following activity was recorded: a. 9,800 kilograms of material were purchased at a cost of $2.18 per kilogram. b. All of the material purchased was used to produce 2,700 units of Zoom. c. A total of 780 hours of direct labour time was recorded at a total labour cost of 9,126. d. The variable overhead cost was $1,560, and the fixed overhead cost was $22,533. Required: 1. Compute the direct materials price and quantity variances for the month. (Indicate the effect of each varlance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (l.e., zero varlance).) Materials price variance Materials quantity variance 2. Compute the direct labour rate and efficiency variances for the month. (Indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (l.e., zero varlance).) Labour rate variance Labour efficiency variance