quired Ch 9 Homework Huron Compamy produces a commercial cleaning compound known as Zoom. The drect materials and direct labor standards for one unit of Zoom are given below Quantity o Standard Price Direct materi Direct labor 8.40 hours .00 per hour 5 2.48 Beterences During the most recent month, the following activity was recorded a. Ten thousand four hundred pounds of material were purchased at a cost of 5290 per pound b. The company produced only 1,040 units, using 9,360 pounds of material. (The rest of the material purchased remained in raw materials inventory c516 hours of direct labor trne were recorded at atotal labor costofssm Compute the materials price and quantity varances for the month (Indicete the effect of each verlance by selecting F for favorable, "U" for unfevorable, and "None" for no effect (Le, zero variance). Input all smounts as positive velues) O Tyee here to 6 Curl