Exercise 15-4A (Algo) Classifying variances as favorable or unfavorable LO 15-3 Required indicate whether each of the following variances is favorable (F) or unfavorable (U). The first one has been done as an examples. (Select "None" If there is no effect (.e., zero variance).) Item to Classity Type of Variano Sales volume Sales price Materials cost Materials usage Labor cost Labor usage Fixed cost spending Fixed cost per unit (volume) Standard 42,000 units $ 3.09 per unit $ 3.60 per pound 90.000 pounds $ 10.20 per hour 62.400 hours $ 480,000 11.50 per unit Actual 44,500 units 5 3.06 per unit $ 3.50 per pound 91,600 pounds $ 10.60 per hour 61,600 hours $ 462.800 $ 10.40 per unit