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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:

Direct materials: $6$ pounds at $$8$ per pound

Direct labor: $4$ hours at $$13$ per hour

Variable overhead: $4$ hours at $$5$ per hour

Total standard cost per unit

$$48$

The planning budget for March was based on producing and selling $20,000$ units. However, during March the company

actually produced and sold $25,500$ units and incurred the following costs:

a$.$ Purchased $170,000$ pounds of raw materials at a cost of $$7\mathrm{.}20$ per pound. All of this material was used in production.

b$.$ Direct laborers worked $73,000$ hours at a rate of $$14$ per hour.

c$.$ Total variable manufacturing overhead for the month was $$427,050.$

What is the materials price variance for March?

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero

variance.$).$ Input all amounts as positive values.