E9-3 (Static) 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).) Spending Variance Flexible Budget 225 units Volume Variance Direct Material Direct Labor Variable Overhead Fixed Overhead Total Manufacturing Costs Actual Costs 225 units $ 15,500 26,200 8,250 11,500 $ 61,450 Master Budget 200 units $ 14,000 22,000 8,000 11,000 S 55,000