Baird Publications established the following standard price and costs for a hardcover picture book that the company produces.

Standard price and variable costs
Sales price	$	36.50
Materials cost		8.20
Labor cost		3.90
Overhead cost		5.90
Selling, general, and administrative costs		6.80
Planned fixed costs
Manufacturing overhead	$	126,000
Selling, general, and administrative		53,000

Assume that Baird actually produced and sold 33,000 books. The actual sales price and costs incurred follow:

Actual price and variable costs
Sales price	$	35.50
Materials cost		8.40
Labor cost		3.80
Overhead cost		5.95
Selling, general, and administrative costs		6.60
Actual fixed costs
Manufacturing overhead	$	111,000
Selling, general, and administrative		59,000

Required

a. & b. Determine the flexible budget variances and also Indicate whether each variance is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).)