Boyne University offers an extensive continuing education program in many cities throughout the state. For the convenience of its faculty and administrative staff and to save costs, the university operates a motor pool. The motor pool's monthly planning budget is based on operating 22 vehicles; however, for the month of March the university purchased one additional vehicle. The motor pool furnishes gasoline, oil, and other supplies for its automobiles. A mechanic does routine maintenance and minor repairs. Major repairs are performed at a nearby commercial garage. ints The following cost control report shows actual operating costs for March of the current year compared to the planning budget for March. Boyne University Motor Pool Cost Control Report For the Month Ended March 31 eBook March Under Actua Planning Cover) Budget Budget 48.688 Print Miles Autos 56,688 Gasoline oil, minor repairs, parts Outside repairs Insurance Salaries and benefits Vehicle depreciation Total $ 18,678 9,728 (958) 4,718 778 1,518 8,618 4,324 4, 374 594 1,386 8,618 4,136 (176) (124) 188 $ 30,594 28,828 $ (1,774) The planning budget was based on the following assumptions: a. $0.20 per mile for gasoline. b. $0.09 per mile for oil, minor repairs, and parts. c. $27 per automobile per month for outside repairs. d. $63 per automobile per month for insurance e. $8,610 per month for salaries and benefits. f $188 per automobile per month for depreciation. The supervisor of the motor pool is unhappy with the report, claiming it paints an unfair picture of the motor pool's performance. Requlred 1. Calculate the spending variances for March. (Round "per mlle answers to 2 declmal pleces. Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, nd "None" for n effect (Le.. zero variance). Input all amounts $ psitle velues.) Boyne Motor P Spending Variances For the Month Ended March 31 Gasoline Oil, minor repairs, parts Outside repairs Salaries and benefits Vehicle depreciation