After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March Utilities Maintenance Cost Formula 516,00 50.16 per machine-hour 550,000 $1.50 per machine.hu 50.00 per machine hour 594,500 51.0 per machine hour 363.400 Actual Cost in March $ 23,00 5.64.100 $10.00 Indirect labor Depreciation $70,100 During March, the company worked 19,000 machine-hours and produced 13.000 units. The company had originally planned to work 21000 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. Pagined Required