Parker Plastic, Incorporated, 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$)8$ square foot $ $0\mathrm{.}63$ per square foot $ $5\mathrm{.}04$

Direct labor $0\mathrm{.}26$ hour $ $10\mathrm{.}50$ per hour $2\mathrm{.}73$

Variable manufacturing overhead $($based on direct labor hours$)0\mathrm{.}26$ hour $ $1\mathrm{.}50$ per hour $0\mathrm{.}39$

Fixed manufacturing overhead $($$$308,040-$: $906,000$ units$)0\mathrm{.}34$

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

Number of units produced and sold $1,220,000$

Number of square feet of plastic used $11,200,000$

Cost of plastic purchased and used $ $6,720,000$

Number of labor hours worked $305,000$

Direct labor cost $ $3,233,000$

Variable overhead cost $ $540,000$

Fixed overhead cost $ $361,000$

Required:

Calculate Parker Plastic$$s direct labor rate and efficiency variances.

Note: 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$).$