M$9-9($Algo$)$ Calculating Direct Materials Cost Variances $[$LO $9-3]$

Acoma, Incorporated, has determined a standard direct materials cost per unit of $$7\mathrm{.}80(2$ feet $$$$3\mathrm{.}90$ per foot$).$ Last month, Acoma purchased and used $4,430$ feet of direct materials, for which it paid $$16,834.$ The company produced and sold $2,070$ units during the month.

Required:

Calculate the direct materials price, quantity, and spending variances.

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Round your intermediate calculations to $2$ decimal places.

$\backslash$table$[[$Direct Materials Price Variance,,F$],[$Direct Materials Quantity Variance,,U$],[$Direct Materials Spending Variance,,U$]]$