Steinberg Company had the following direct materials costs for the manufacturing of product T in March:

Actual purchase price per pound of direct materials $ $9\mathrm{.}00$

Standard direct materials allowed for units of product T produced $3,900$ pounds

Decrease in direct materials inventory $100$ pounds

Direct materials used in production $4,100$ pounds

Standard price per pound of material $ $8\mathrm{.}45$

Required:

$1.$ What was Steinberg$$s direct materials purchase$-$price variance and its direct materials usage variance for March? Indicate whether each variance was favorable $($F$)$ or unfavorable $($U$).$

$2.$ Prepare the appropriate journal entries for March.