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. Elghteen thousand five hundred pounds of materlal were purchased at a cost of $1.40 per pound. b. All of the materlal purchased was used to produce 2,500 units of Zoom. c. 800 hours of direct labor time were recorded at a total labor cost of $13,600. Required: 1. Compute the materials price and quantity varlances for the month. 2. Compute the labor rate and efficlency varlances for the month. (For all requlrements, 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 positlve values. Round your Intermedlate calculatlons to the nearest whole dollar.)