Parker Plastic, incorporated, manufactures plastic mats to use with rolling office chairs. its standard cost information for last year follows Direct materiala (plastic) Direct labor Variable nanufocturling overthend (based on direct labor houra) rixed manafacturing overbead ($270,600+902,000 units) seabdard guntity 10 nquare foot 0.25 hour Q. 25 hous Standifd Price (hate) $0,02 per equare foo: \$10.20 per hoor 31.40 per hoar standord thit coet 2,55 0.35 0,30 Parker Plastic had the following actual results for the past year: Number of uatits produced ard sold yumber of nquare feet of plante yod cote of plastie purchased and used Naber of labor hourn worked Darect labor oont Variable overthesd cos: Fixed overhead coat 1;020;000 13,000,009 58,800,900 300,650 \$ 3, 000,600 400,800 357,000 Required: Calculate Parker Plastic's direct laboc rate and efficlency variances Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "UN for unfovorable, and "None" for no effect (i.e., zero variance). Direct Labor Pate Varance Direct Labor Eficiency Variance