Actual Cost in March $ 22,580 $64,200 $10,600 $119,300 $69,600 Cost Formula Utilities Maintenance Supplies Indirect labor $95,000 plus $1.30 per machine-hour Depreciation $17,000 plus $0.21 per machine-hour $38,000 plus $1.80 per machine-hour $0.60 per machine-hour $67,900 During March, the company worked 16,000 machine-hours and produced 10,000 units. The company had originally planned to work 18,000 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. Required 1 Required 2 Calculate the spending variances for March. (Indicate the effect of each variance by selecting "F" for favorable, "U" unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) FAB Corporation Spending Variances For the Month Ended March 31 Utilities Maintenance Supplies Indirect labor Depreciation Total