BTS Company made 5,400 bookshelves using 22,300 board feet of wood costing $272,060. The company's 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.) Price variance $ Quantity variance Total materials variance $