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uu llave jugl been asked that you review the company's costing system and 'do what you can to help us get better control of our manufacturing overhead costs" You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be Hired by FAB Corporation, the manufacturer of a revolutionary new garage door an excellent first step in overhead planning and control. After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March Cost in $16,400 plus $8.14 per machine-hour $38,se0 plus $1.30 Supplies 57,828 Depreciation $67,700 $118,300 69,400 During March, the company worked 17,000 machine-hours and produced 1,000 units The company had originally planned to work 19,000 machine-hours during March Required: 1. Calculate the activity variances for March 2 Calculate the spending variances for March. Complete this question by entering your answers in the tabs below Calculate the activity variances for March. (Indicate the effect of each variance by selecting "F for fa unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) U for Activity Variances For the Month Ended March 31

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