During March, the company worked $22,000$ machine$-$hours and produced $16,000$ units. The company had originally planned to work

$24,000$ machine$-$hours during March.

Required:

Prepare a flexible budget for March.

Prepare a report showing the spending variances for March.

Complete this question by entering your answers in the tabs below.

Prepare a report showing the spending variances for March. $($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.$)$