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:

Huron Company produces a commercial cleanig compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are jiven below Standard Quantity or Hours Standard Cost $15.40 $ 3.15 Standard Price or Rate Direct materials Direct labor 7.00 pounds $ 2.20 per pounds 0.45 hours $7.00 per hour During the most recent month, the following actity was recorded a. 19,500 pounds of material were purchased ta cost of $2.10 per pound b. All of the material purchased was used to pnduce 2,500 units of Zoom C. 1025 hours of direct labor time were recordd at a total labor cost of $9,225 Required: 1. Compute the materials price and quantity vaiances for the month. (Indicate the effect of each variance by selecting "F" for favorable, "r" for unfavorable, and "None" for no effect (i.e., zero variance).) Direct materials price variance Direct materials quantity variance 2. Compute the labor rate and efficiency 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).) Direct labor rate variance Direct labor efficiency variance