Golden Food Products produces special$-$formula pet food. The company carries no inventories. The master budget calls for the company to manufacture and sell $120,500$ cases at a budgeted price of $$60$ per case this year. The standard direct cost sheet for one case of pet food follows:

Direct materials $(3$ pounds @ $$2)$ $ $6$

Direct labor $(0\mathrm{.}25$ hours @ $$32)8$

Variable overhead is applied based on direct labor$-$hours. The variable overhead rate is $$16$ per direct labor$-$hour. The fixed overhead rate $($at the master budget level of activity$)$ is $$10$ per unit. All nonmanufacturing costs are fixed and are budgeted at $$2\mathrm{.}2$ million for the coming year.

At the end of the year, the costs analyst reported that the sales activity variance for the year was $$336,000$ favorable.

The following is the actual income statement $($in thousands of dollars$)$ for the year for Golden Food Products:

Sales revenue $ $8,300$

Less variable costs

Direct materials $802$

Direct labor $994$

Variable overhead $517$

Total variable costs $ $2,313$

Contribution margin $ $5,987$

Less fixed costs

Fixed manufacturing overhead $1,305$

Nonmanufacturing costs $2,126$

Total fixed costs $ $3,431$

Operating profit $ $2,556$

During the year, the company purchased $320,500$ pounds of material and employed $32,640$ hours of direct labor.

Required:

Compute the direct materials price and efficiency variances.

Compute the direct labor price and efficiency variances.

Compute the variable overhead price and efficiency variances.

Note: For all requirements, enter your answers in whole dollars. Indicate the effect of each variance by selecting $"$F$"$ for favorable, or $"$U$"$ for unfavorable. If there is no effect, do not select either option.