Jordan Manufacturing Company established the following standard price and cost data: Jordan planned to produce and sell 2,100 units. Actual production and sales amounted to 2,300 units. Assume that the actual sales price is $8.80 per unit and that the actual variable cost is $3.45 per unit. The actual fixed manufacturing cost is $2,000, and the actual selling and administrative costs are $935. Required a.\&b. Determine the flexible budget variances and classify the effect of each variance by selecting favorable (F) or unfavorable (U). Note: Select "None" if there is no effect (i.e., zero variance)