Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:

Standard Quantity Standard Price $($Rate$)$ Standard Unit Cost

Direct materials $($plastic$)12$ sq ft$.$ $ $0\mathrm{.}72$ per sq$.$ ft$.$ $$8\mathrm{.}64$

Direct labor $0\mathrm{.}25$ hr$.$ $ $12\mathrm{.}20$ per hr$.3\mathrm{.}05$

Variable manufacturing overhead $($based on direct labor hours$)0\mathrm{.}25$ hr$.$ $ $1\mathrm{.}20$ per hr$.0\mathrm{.}30$

Fixed manufacturing overhead $($$$378,000-$: $900,000$ units$)0\mathrm{.}42$

Parker Plastic had the following actual results for the past year:

Number of units produced and sold $1,000,000$

Number of square feet of plastic used $11,800,000$

Cost of plastic purchased and used $ $8,260,000$

Number of labor hours worked $245,000$

Direct labor cost $ $2,891,000$

Variable overhead cost $ $318,500$

Fixed overhead cost $ $355,000$

Required:

Calculate Parker Plastic$$s direct labor rate and efficiency variances. $($Do not round intermediate calculations. Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).)$