Question: I know the formulas but can't find exact figure in this following problem. Word File Edit View Insert Format Tools Table Window Help $ 7

I know the formulas but can't find exact figure in this following problem.

I know the formulas but can't find exact figure in this following

Word File Edit View Insert Format Tools Table Window Help $ 7 88% [ Thu 4:02 PM Q ... SR *831-4 X SR Tashi Capit X SR EY89 X18 X SR KPR *H8 |1 X 5 02 2148 X 5 OLDHag14| X 5 JCDA Part X 58 #2481012 X * danielikesu Chapter 11 1 x My Drive - (X Clouds Mar X + C ezto.mheducation.com/hm.tpx?_=0.5312766912644019_1587014526016 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 Standard Price Standard Hours or Rate Cost Direct materials 7.90 pounds $ 2.10 per pound $ 16.59 Direct labor 0.50 hours $ 5.00 per hour $ 2.50 During the most recent month, the following activity was recorded: a. 14,850 pounds of material were purchased at a cost of $2.00 per pound. b. All of the material purchased was used to produce 1,500 units of Zoom. c. 600 hours of direct labor time were recorded at a total labor cost of $4,200. Required: 1. 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).) Direct materials price variance $ 1,485 F Direct materials quantity variance 2. Compute the labor rate and efficiency 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).) Direct labor rate variance U Direct labor efficiency variance F

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