Munoz Fruit Basket Company makes baskets of assorted frult. The standard and actual costs of oranges used in each basket of fruit follow. Munoz actually produced 26,000 baskets. Required o. Delermine the materials price variance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the materials usage varlance and indicate whether it is favorable (F) or unfavorable (U). (For all requirements, Select "None" if there is no effect (i.e., zero variance).)