need help with this one :( thank you!

Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control costs and has established the following standards for the Maze toy: Direct materials: 7 microns per toy at 50.31 per micron Direct labor: 1.4 hours per toy at $6.70 per hour During July, the company produced 4.600 Maze toys. The toy's production data for the month are as follows: Direct materials 78,000 microns were purchased at a cost of $0.29 per micron. 37750 of these microns were still in Inventory at the Direct labor. 6,840 direct labor-hours were worked at a cost of $49,93 Required: 1. Compute the following variances for July (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts as positive values. Do not round intermediate calculations. Round final answers to the nearest whole dollar amount.) a. The materials price and quantity variances b. The labor rate and efficiency variances ta Material price variance Material quantity variance lahat are th O search RI E 7/21 2302 Ch 10 Standard Variances Homework - Materi Saved Help Save & Exit Su Check my we 3 0 oints Direct materials 78,000 microns were purchased at a cost of $0.29 per micron. 37.750 of these microns were still in inventory at the end of the month, Direct labor: 6,840 direct labor-hours were worked at a cost of $49,932. Required: 1 Compute the following variances for July (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations. Round final answers to the nearest whole dollar amount.) a The materials price and quantity variances b. The labor rate and efficiency variances. Spoed Doos References 1a. Material price variance Material quantity variance 1b Labor rate variance Labor efficiency variance