E$9-3($Algo$)$ Preparing a Flexible Budget Performance Report $[$LO $9-2]$

Required:

Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June:

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance