Huron Company produces a commerclal cleaning compound known as Zoom. The direct materlals and direct labor standards for one unit of Zoom are given below: During the most recent month, the following actlvity was recorded: a. Ten thousand four hundred pounds of materlal were purchased at a cost of $2.90 per pound. b. The company produced only 1,040 units, using 9,360 pounds of materlal. (The rest of the materlal purchased remained in raw materlals inventory.) c. 516 hours of direct labor time were recorded at a total labor cost of $6,192. Requlred: Compute the materlals price and quantity varlances for the month. (Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as posltive values. Do not round Intermedlate calculations.)