Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labour standards for one unit of Zoom follow: The budgeted fixed overhead cost is $15,012 per month. The denominator activity level of the allocation base is 800 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. A total of 850 hours of direct labour time was recorded at a total labour cost of $9,300. c. The variable overhead cost was $1,620, and the fixed overhead cost was $15,101. Assume that the company produced 1,300 units, using 6,400 kilograms of material in the production process. (The rest of the material purchased remained in inventory.) Required: 1. Compute the direct materials price and quantity variances for the month. (lindicate the effect of each variance by selecting "F" for favourable, "U* for unfavourable, and "None" for no effect (.e., zero variance).)