The following information describes production activities of Truzor Manufacturing for the year: Actual raw materials used 38,000 lbs. at $5.70 per lb. Actual factory...

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The following information describes production activities of Truzor Manufacturing for the year:


Actual raw materials used	38,000	lbs. at $5.70 per lb.
Actual factory payroll	6,000	hours for a total of $96,000
Actual units produced	30,000

Budgeted standards for each unit produced are 1.00 pounds of raw material at $5.80 per pound and 10.0 minutes of direct labor at $15.50 per hour.

(1)

Compute the direct materials price and quantity variances.(Input all amount as a positive value. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response)


Price variance	$
Quantity variance	$

(2)

Compute the direct labor rate and efficiency variances. (Input all amount as a positive value. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Leave no cells blank - be certain to enter "0" wherever required. Please round to the nearest whole number. Omit the "$" sign in your response)