Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: standard Standard price Natal 8 sq ft. $ 1.02 per gift. Standard Unit Cost $ 8.16 Direct materials (plastic) Direct labor Variablenufacturing overhead (based on direct labor hours) Pixed manufacturing overhead (383,880 - 914,000 units) Parker Plastic had the following actual results for the past year: Number of unite produced and sold Number of square feet of plastic med Cost of plastie purahased and used Number of labor hours worked Direet labor cost Variable overhead cost Fixed overhead cost 1,080,000 11,600,000 $ 11,600.000 312,000 $ 3,681,600 $ 800,000 369.000 Required: Calculate Parker Plastic's direct labor rate and efficiency variances. (Do not round Intermediate calculations. Indicate the effect of each variance by selecting "Ffor favorable, "U" for unfavorable, and "None" for no effectie, zero variance).) Direct Labor Rate Varian Direct Labor Efficiency Variance