value 25.00 points Acme Company's production budget for August is 17.500 unts and includes the following component unit costs: direct materials, S8; direct labor, $10: variable overhead, $6, Budgeted fixed overhead is $32,000. Actual production in August was 18,000 units Actual unit component costs incurred during August include direct materials, $8.25, direct labor $9.45; variable overhead, $6.82. Actual fixed overhead was $33,500. The standard direct material cost per unit consists of 10 pounds of raw material at $0.80 per pound. During August, 198,000 pounds of raw material were used that were purchased at $0.75 per pound of raw material at so.80 per pound. During Required: Calculate the materials price variance and materials usage variance for August. (Indicate the effect of each varlance by selecting " "None" for no effect (L.e, zero variance)) for favorable, "U" for unfavorable, and Material price variance Material usage