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Berman's Camera Shop has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance

Berman's Camera Shop has prepared the following flexible budget for September and is in the process of interpreting the variances. F denotes a favorable variance and U denotes an unfavorable variance.

Variances

Flexible budget

Price variance

Efficiency variance

Material A

$40,000

$1,000F

$3,000U

Material B

60,000

500F

1,500U

Direct manufacturing labor

80,000

500F

2,500U

1) The actual amount spent for Material B was ? 2) The actual amount spent for direct manufacturing labor was ?

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