Information on Thurmster Corporation's direct materials costs follows Actual quantities of direct materials used Actual costs of direct materials used Standard price per unit of direct materials Flexible budget for direct materials 7,500 $ 98,550 12.60 $ 89,775 Thurmster Corporation has no materials inventories Required (a) Compute the direct materials price and efficiency variances for Thurmster Corporation. (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable "U" for unfavorable, and "None" for no effect (i.e., zero variance). Do not round intermediate calculations. Omit the "$" sign in your response.) Direct materials price variance $ Efficiency variance (Click to select) (Click to select) v (b) (Appendix) Prepare the journal entries to record the purchase and use of the direct materials using standard costing. (Do not round intermediate calculations. Omit the "$" sign in your response.) General Journal Debit Credit (Click to select) (Click to select) (Click to select) (Click to select