The following actual and standard cost data for direct material and direct labor relate to the production of 2,000 units of a product: Actual Costs Standard Costs 23,100 lbs. @ $4.90 22,000 lbs. @ $5.20 Direct material Direct labor 31,350 hrs. @ $9.30 33,000 hrs. @ $9.50 Determine the following variances: Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable. Materials Variances Actual cost: Split cost: Standard cost: $ $ $ a. Materials price $ b. Materials efficiency $ 113,190 0x 114,400 6,930 F 5,720 U + Labor Variances Actual cost: $ Split cost: $ Standard cost: $ c. Labor rate $ d. Labor efficieny $ 291,555 0 x 313,500 6,270 F + 15,675 F +