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Chemy Exercise 10-6 (Algo) Direct Materials and Direct Labor Variances [LO10-1, L010-2) Huron Company produces...

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Chemy Exercise 10-6 (Algo) Direct Materials and Direct Labor Variances [LO10-1, L010-2) 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 Direct start bet labor Quantidad de 6.89 ponde $2.10 per 19.73 0.20 9.00 11.00 During the most recent month, the following activity was recorded 15.100.00 pounds of material were purchased at a cost of $2.60 per pound. b. All of the material purchased was used to produce 2.000 units of Zoom - 300 hours of direct labor time were recorded at a total labor cost of $3.300 Required: 1. Compute the materiais price and quantity variances for the month. 2. Compute the labor rate and efficiency variances for the month (For all requirements, indicate the effect of each variance by selecting "P" for favorable. "U" for unfavorable, and "None for ne effecte, zaro variance). Input all amounts as positive values. Round your intermediate calculations to the nearest whole dollar) Material pro variance Material quantity Laboratorio Laborafficiency and 2

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