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:

Standard Quantity or Hours Standard Price or Rate Standard Cost

Direct materials $7\mathrm{.}00$ pounds $ $3\mathrm{.}00$ per pound $ $21\mathrm{.}00$

Direct labor $0\mathrm{.}40$ hours $ $14\mathrm{.}00$ per hour $ $5\mathrm{.}60$

During the most recent month, the following activity was recorded:

Thirteen thousand six hundred pounds of material were purchased at a cost of $$2\mathrm{.}90$ per pound.

The company produced only $1,360$ units, using $12,240$ pounds of material. $($The rest of the material purchased remained in raw materials inventory.$)$

$644$ hours of direct labor time were recorded at a total labor cost of $$7,728.$

Required:

Compute the materials price and quantity variances for the month. $($Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values. Do not round intermediate calculations.$)$