Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: The company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 30, 000 units. However, during March the company actually produced and sold 34,000 units and incurred the following costs: Purchased 175,000 pounds of raw materials at a cost of $6.8 per pound. All of this material was used in production. Direct-laborers worked 71, 000 hours at a rate of $17 per hour. Total variable manufacturing overhead for the month was $340, 000. Total advertising, sales salaries and commissions, and shipping expenses were $370, 000, $720, 000, and $131, 000, respectively. Required: What is the materials price variance for March? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.).)