Cant figure out utilities or depreciation help needed please
Check my Cost Formula Utilities $16,480 + $0.12 per machine-hour Maintenance $38,000 + $1.20 per machine-hour Supplies $0.70 per machine-hour Indirect labor $94,400 + $1.70 per machine-hour Depreciation $67,700 Cost in March $ 20,360 $ $3,400 $ 12,400 $125,900 $ 69,400 During March, the company worked 16,000 machine-hours and produced 10,000 units. The company had originally planned to work 18,000 machine-hours during March Required: 1. Calculate the activity variances for March. 2. Calculate the spending variances for March, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the activity variances for March (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts as positive values.) FAB Corporation Activity Variances For the Month Ended March 31 Utbies $ 240F Maintenance 2.400 F Supples 1.400 Indirect labor 3,400 1F Depreciation 69,400 None Total $ 76,840F Cost Formula Utilities $16,408 + $0.12 per machine-hour Maintenance $38,000 + $1.20 per machine-hour Supplies $0.70 per machine-hour Indirect labor $94,400 + $1.78 per machine-hour Depreciation $67,700 LOS March $ 20,360 $ 53,400 $ 12,400 $125,900 $ 69,480 During March, the company worked 16,000 machine-hours and produced 10,000 units. The company had originally planned to work 18,000 machine-hours during March Required: 1. Calculate the activity variances for March. 2. Calculate the spending variances for March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the spending variances for March. (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) FAB Corporation Spending Variances For the Month Ended March 31 Utilities $ 1,920 LU Maintenance 3.800 F Supplies 1.2000 Indirect labor 4,300 Depreciation 1.700 JU Total $ 12,9200