BTS Company made 5,000 bookshelves using 22,700 board feet of wood costing $279,210. The companys direct materials standards for one bookshelf are 8 board feet of wood at $16 per board foot.

(1)

Compute the direct materials variances incurred in manufacturing these bookshelves. (Input all amounts 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. Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount. Omit the "$" sign in your response.)