Exercise $14-39($Algo$)$ Direct Materials Variances$-$Journal Entries $[$LO $14-3,14-5]$

Steinberg Company had the following direct materials costs for the manufacturing of product $T$ in March:Required:

What was Steinberg's direct materials purchase$-$price variance and its direct materials usage variance for March? Indicate whether each variance was favorable $($F$)$ or unfavorable $($U$).$

Prepare the appropriate journal entries for March.

Complete this question by entering your answers in the tabs below.

What was Steinberg's direct materials purchase$-$price variance and its direct materials usage variance for March? Indicate whether each variance was favorable $($F$)$ or unfavorable $($U$).($Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.$)$

$\backslash$table$[[$Direct materials purchase$-$price variance,$$,900,$Unfavorable$],[$Direct materials usage variance,,$]]$