Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost Information for last year follows: Direct materials (plastic) Direct labor Variable manufacturing overhead (based on direct labor bours) Tixed manufacturing overhead ($326,080 - 900,000 units) Standard Standard Price Standard Quantity (Rate) Unit Coat 11 sq ft. $ 0.73 per sq. ft. $ 8.03 0.25 hr. $10.40 per hr. 2.60 0.25 hr. $ 2.00 per br. 0.50 0.36 Parker Plastic had the following actual results for the past year. Number of units produced and sold Number of square feet of plastic used cost of plastie purchased and used Number of labor hours worked Direct labor cost Variable overhead coat Fixed overhead cost 1,020,000 11,300,000 $ 9,910,000 306,000 $ 3,335,400 $ 630,000 $ 363.000 Required: Calculate Parker Plastic's direct labor rate and efficiency variances (Do not round Intermediate calculations. Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance)) Direct Labor Rato Variance Direct Labor Efficiency Variango