Corp developed standard costs for direct material and direct labor. In 2021, it estimated the following standard costs for one unit of its product: Budgeted quantity. Budgeted price

Direct materials 3 pounds $200 per 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 price variance during December is how much? (please indicate both dollar amount and whether it is Unfavorable (U) or Favorable (F))