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 325 units Spending Variance Flexible Budget 325 units Volume Variance Master Budget 200 units Direct Material Direct Labor Variable Overhead Fixed Overhead Total Manufacturing Costs 16,500 27,200 9,250 12,500 65,450 15,000 23,000 9,000 11,500 58,500