E9-3 (Algo) Preparing a Flexible Budget Performance Report [LO 9-2] Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Actual Costs 285 units Spending Variance Flexible Budget 285 units Volume Variance Master Budget 200 units Direct Material $ 16,100 $ 14,600 Direct Labor 26,800 22,600 Variable Overhead 8,850 8,600 Fixed Overhead 12,100 11,300 Total Manufacturing Costs $ 63,850 $ 57,100