Brief Exercise 15-15 (Algo) Baxter Corporation's master budget... [LO 15-2] Baxter Corporation's master budget calls for the production of 5,900 units per month and $233,640 indirect labor costs for the year Baxter considers indirect labor as a component of variable factory overhead cost. During April, the company produced 4,590 units and Incurred indirect labor costs of $15,500. What amount would be reported in April as a flexible-budget variance for indirect labor? Is this variance favorable (F) or unfavorable (U)? (Leave no cell blank; if there is no effect enter "O" and select "None" from dropdown. Do not round intermediate calculations.) Flexible-budget variance