Finch Manufacturing Company established the following standard price and cost data:

Sales price	$	8.90	per unit
Variable manufacturing cost	$	3.40	per unit
Fixed manufacturing cost	$	2,300	total
Fixed selling and administrative cost	$	800	total

Finch planned to produce and sell 2,000 units. Actual production and sales amounted to 2,300 units.

Assume that the actual sales price is $8.50 per unit and that the actual variable cost is $3.60 per unit. The actual fixed manufacturing cost is $1,900, and the actual selling and administrative costs are $840.

Required

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