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	7.50 pounds	$2.40 per pounds	$18.00
Direct Labor	0.80 hours	$7.00 per hour	$5.60

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

a.	13,250 pounds of material were purchased at a cost of $2.20 per pound.
b.	All of the material purchased was used to produce 1,500 units of Zoom.
c.	1,000 hours of direct labor time were recorded at a total labor cost of $9,000.

Required:

1. Compute the materials price and quantity variances for the month. (Indicate F for favorable, U for unfavorable)

Direct materials price variance: ______

Direct Materials quantity variance: _____

2. Compute the labor rate and efficiency variances for the month. (Indicate F for favorable, U for unfavorable)