The standard direct material cost per unit for Willis Group was $$140(=$ $$35$ per gallon $4$ gallons per unit$).$ During the period, actual direct materials costs amounted to $$1,855,540,$ materials used totaled $55,460$ gallons, and $13,240$ units were produced.

Required:

Compute the direct materials price and efficiency variances for the period.

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, or $"$U$"$ for unfavorable. If there is no effect, do not select either option.

$\backslash$table$[[$Price variance,,$],[$Efficiency variance,,$]]$