Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or HoursStandard Price
or Rate Standard Cost
Direct materials5.6pounds$3.00per pound$16.80
Direct labor0.4hours$7.00per hour$2.80

During the most recent month, the following activity was recorded:
a. Ten thousand eight hundred pounds of material were purchased at a cost of $2.90 per pound.
b.
The company produced only 1,080 units, using 9,720 pounds of material. (The rest of the material purchased remained in raw materials inventory.)

c. Five hundred and thirty two hours of direct labor time were recorded at a total labor cost of $6,384.
Required:

Compute the materials price and quantity variances for the month. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i. e., zero variance). Do not round intermediate calculations.)

Direct materials price variance F
Direct materials quantity variance U