Fanning Publications established the following standard price and costs for a hardcover picture book that the company produces.

Standard price and variable costs
Sales price	$	36.30
Materials cost		8.60
Labor cost		4.00
Overhead cost		6.30
Selling, general, and administrative costs		6.50
Planned fixed costs
Manufacturing overhead	$	134,000
Selling, general, and administrative		54,000

Assume that Fanning actually produced and sold 32,000 books. The actual sales price and costs incurred follow:

Actual price and variable costs
Sales price	$	35.30
Materials cost		8.80
Labor cost		3.90
Overhead cost		6.35
Selling, general, and administrative costs		6.30
Actual fixed costs
Manufacturing overhead	$	119,000
Selling, general, and administrative		60,000

Required

a. & b. Determine the flexible budget variances and also Indicate whether each variance is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).)