I dont know what numbers to put in for #2. Thanks! I think what I have so far is right.

Genola Fashions began production of a new product on June 1. The company uses a standard cost system and has established the following standards for one unit of the new product: Standard Quantity or Hours Standard Cost $28.35 $3.18 Standard Price or Rate Direct materials Direct labor 4.5 yards 0.3 hours $6.30 per yard $10.60 per hour During June, the following activity was recorded for the new product: a. Purchasing acquired 7,200 yards of material at a cost of $6.00 per yard b. Production used 6,200 yards of the material to manufacture 1,300 units of the new product. c. Production reported that 885 direct labor-hours were worked on the new product at a cost of $9,735 Required 1. For direct materials a. Compute the materials price and quantity variances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Materials price variance $ Materials quantity variance$ 2,160 F 2,205 U