Clark Company's master budget includes $$240,000$ for equipment depreciation. The master budget was prepared for an annual volume of $60,000$ chargeable hours. This volume is expected to occur uniformly throughout the year. During September, Clark performed $5,000$ chargeable hours and recorded $$23,000$ of depreciation.

Required:

Determine the flexible$-$budget amount for equipment depreciation in September.

Compute the spending variance for the depreciation on equipment. Was the variance favorable $($F$)$ or unfavorable $($U$)?($Leave no cell blank; if there is no effect enter $"0"$ and select "None" from dropdown.$)$

Calculate the fixed overhead production volume variance for depreciation expense in September. Was this variance favorable $($F$)$ or unfavorable $($U$)?($Leave no cell blank; if there is no effect enter $"$O$"$ and select "None" from dropdown.$)$

$\backslash$table$[[,,,],[1.,$Flexible$-$budget amount,,$],[2,$Spending variance$-$equipment depreciation,,$],[3.,$Production volume variance,,$]]$