Corp developed standard costs for direct material and direct labor. In 2021, it astimated the following standard costs for one unit of its product: Budgeted quantity. Budgeted price Direct materials. 3 pounds $2000per pound Direct labor. 2 hours $120 per hour During December, it produced and sold 3,000 units using 10,000 pounds of direct materials at an average cost per pound of $190 and 6,250 direct labor hours at an average wage of $117.50 per hour.

The direct material efficiency variance during December is how much? (please indicate both dollar amount and whether it is Unfavorable (U) or Favorable (F))

The direct labor price variance during December is how much? (please indicate both dollar amount and whether it is Unfavorable (U) or Favorable (F))