Required:
Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June: Note: Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero variance
tableDirect Material,tableActual Costs unitstableSpendingVariancetableFlexibleBudget unitstableVolumeVariancetableMaster Budget units$m$Direct Labor,,Variable Overhead,,Fixed Overhead,,Total Manufacturing Costs,$$