Regent Corporation uses a standard cost system to account for the costs of its one product. Materials standards are $3$ pounds of material at $$14\mathrm{.}00$ per pound, and labor standards are $11$ hours of labor at a standard wage rate of $$10\mathrm{.}3.$ During July, Regent Corporation produced $2,950$ units. Materials purchased and used totaled $10,800$ pounds at a total cost of $$143,413.$ Payroll totaled $$153,780$ for $48,150$ hours worked.

Required:

Calculate the direct materials price variance.

Note: Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect $($i$.$e$.,$ zero variance$).$

Calculate the direct materials quantity variance.

Note: Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect $($i$.$e$.,$ zero variance$).$

Calculate the direct materials spending variance.

Note: Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect $($i$.$e$.,$ zero variance$).$