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

Required:

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$).$

Prepare the appropriate journal entries for March.

Complete this question by entering your answers in the tabs below.

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$).($Do not round intermediate calculations. Round your answers to

the nearest whole dollar amount.$)$