Huron Company produces a commercial cleaning compound known as Zoom. The direct matetials and direct labor standards for one unit of Zoom are given below During the most recent month, the following activity was recorded a Twenty thousand pounds of material were purchased at a cost of 52.35 per pound. b. The company produced only 3,000 units, using 14.750 pounds of material (The rest of the material purchased remained in raw materials inventory) c. 750 hours of direct labor time were recorded at a total fabor cost of $14.925 Required: Compute the materials price and quantity variances for the month. Note: Indicate the effect of eoch variance by selecting "F" for favorable, "U" for untovorable, and "None" for no effect (Le., zero veriance). Input all amounts as positive values