Golden Food Products produces special$-$formula pet food. The company carries no inventories. The master budget calls

for the company to manufacture and sell $120,000$ cases at a budgeted price of $$60$ per case this year. The standard

direct cost sheet for one case of pet food follows:

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 $$12$ 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:

During the year, the company purchased $320,000$ pounds of material and employed $32,500$ hours of direct labor.

Required:

a$.$ Compute the direct materials price and efficiency variances.

b$.$ Compute the direct labor price and efficiency variances.

c$.$ 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.