Boyne University offers an extensive continuing education program in numerous cities. 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 18 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. The following cost control report shows actual operating costs for March compared to that month's planning budget: The planning budget was based on the following assumptions: a. 5012 per mile for gasoline. b. $0.09 per mile for oll, minor repairs, and parts. c $33 per automobile per month for outside repairs. d $59 per automoblle per month for insurance. e. $8.610 per month for salaries and benefits. t. $194 per automobile per month for depreciation. The supervisor of the moter poot is unhappy with the report, claiming it paints an unfair picture of the motor poors performance. Required: 1. Caiculate the spending variances for March. Note: indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (lia, xero veriance), input alt amounts as positive values. The planning budget was based on the following assumptions: a. $0.12 per mile for gasoline. b. $0.09 per mile for oil, minor repairs, and parts. c. $33 per automoblle per month for outside repairs. d. $69 per automoblle per month for insurance. e. $8,610 per month for salaries and benefits. i $194 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. Required: 1. Calculate the spending variances for March. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values