Records at the Farnsworth Corporation contained the following data for the most recent period of activity:

Actual total direct labor cost

Actual direct labor$-$hours worked

Standard direct $1$abor$-$hours allowed for actual output $($flexible budget$)$

birect labor price variance

Actual variable overhead

standard variable overhead rate per standard direct labor$-$hour

$$472,360$

$15,120$

$14,240$

$$45,560F$

$$347,500$

; $21$

Variable overhead is applied based on standard direct labor$-$hours allowed.

Requlred:

Compute the labor and variable overhead price and efficiency variances.

Note: Do not round Intermediate calculatlons. Indlcate the effect of each varlance by selecting $"$F$"$ for favorable, or $"$U$"$ for unfovorable. If there is no effect, do not select elther option.

$\backslash$table$[[$Direct labor:,,$],[$Price variance,,$],[$Efficiency variance,,$],[$Variable overhead:,,$],[$Price variance,,$],[$Efficiency variance,,$]]$