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 tecent month, the following activity was recordect: a. Ten thousand two hundred pounds of material were purchased at o cost of $2.40 per pound. b. The company produced only 1,020 units, using 9,180 pounds of materiat (The rest of the material purchased remained in raw materials inventory]) c. 610 hours of direct labor time were recorded at a total tobor cost of $7,320. Required: Compule the materieis price and quantity variances for the month. (thdicate the etfect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e.- rero variance). Input all amounts as positive vatues.)