Parker Plastic, Incorporated, manufactures plastic mats to use with rolling office chairs, its standard cost information for last year follows: Parker Plastic had the following actual results for the past year: Required: Calculate Parker Plastic's direct materiais price and quantity variances. Note: Do not round intermediate colculotions. Indicote the effect of each varience by selecting "F" for fovorable, " U " for unfovoroble, and "None" for no effect (i.e., zero voriance)