Calculate the 8 variances, If the variance is favorable, indicate so by using (F). If unfavorable, indicate so by using (U).

Per Unit Standards DM: 15.0 lbs 12.00 180.00 DL: 10.0 hrs 19.00 II 190.00 VOH: 10.0 hrs 7.00 70.00 11 11 FOH: 10.0 hrs 5.00 50.00 490.00 Flexible Budget (based on 80% of Productive Capacity) Production Unit 3,500 4,000 4,500 Percent of Capacity 70% 80% 90% DM Quantity 15.0 52,500 60,000 67,500 DM $$ 180.00 630,000 720,000 810,000 DL Hours 10.0 35,000 40,000 45,000 DL $$ 190.00 665,000 760,000 855,000 Indirect Material 2.50 87,500 100,000 112,500 Indirect Labor 2.70 94,500 108,000 121,500 Utilities 1.80 63,000 72,000 81,000 Total VOH $$ 7.00 245,000 280,000 315,000 Rent - Factory 1.00 40,000 40,000 40,000 Deprec - Factory 1.80 72,000 72,000 72,000 Factory Insurance 0.60 24,000 24,000 24,000 Supervisor Salaries 1.60 64,000 64,000 64,000 Total FOH $$ 5.00 200,000 200,000 200,000 Actual Results (based on 90% of Productive Capacity DM: 65,000 Ibs 13.00 845,000 DL: 44,500 hrs 18.50 II 823,250 Indirect Material 114,360 Indirect Labor 129,400 11 II II Utilities 76,800 Rent - Factory 48,150 11 1I Deprec - Factory 74,300 Factory Insurance II 25,900 Supervisor Salaries 64,650 Total Factory OH $$ 533,560