el a ork 6 Help Save & Ea Chee You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and "do what you can to help us get better control of our manufacturing overhead costs. You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March 16,3 plus 58.19 per machine-hour 21,520 Supplies 8,890 119,200 s 69,809 Indirect labor 94,990 plus 51.30 per machine-hour Depreciation 56,10 During March, the company worked 16.000 machine-hours and produced 10000 units. The company had originally planned to work 18,000 machine-hours during March Required 1. Calculate the activity variances for March 2 Calculate the spending variances for March. K Prey 3 of 4Nex arch