Baird Manufacturing Company established the following standard price and cost data: Baird planned to produce and sell 2,300 units. Actual production and sales amounted to 2,600 units. Assume that the actual sales price is $8.00 per unit and that the actual variable cost is $3.35 per unit. The actual fixed manufacturing cost is $2,500, and the actual selling and administrative costs are $725. Required a.\&b. Determine the flexible budget variances and classify the effect of each variance by selecting favorable (F) or unfavorable (U). Note; Select "None" if there is no effect (i.e., zero variance)