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) 11 square foot $ 1.26 per square foot $ 13.86 Direct labor 0.3 hour $ 11.70 per hour 3.51 Variable manufacturing overhead (based on direct labor hours) 0.3 hour $ 2.10 per hour 0.63 Fixed manufacturing overhead ($441,600 920,000 units) 0.48 Parker Plastic had the following actual results for the past year: Number of units produced and sold 1,140,000 Number of square feet of plastic used 11,900,000 Cost of plastic purchased and used $ 15,470,000 Number of labor hours worked 318,000 Direct labor cost $ 3,688,800 Variable overhead cost $ 1,030,000 Fixed overhead cost $ 375,000

Calculate Parker Plastics direct materials price and quantity 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).