Exercise 8-2A Classifying variances as favorable or unfavorable LO 8-2 Required Indicate whether each of the following variances is favorable (F) or unfavorable (U) The first one has been done as an example. (Select "None" if there is no effect (.e., zero variance).) Actual Type of Variance F Item to Classify Sales volume Sales price Materials cast Materials usage Labor cost Labor usage Fixed cost spending Fixed cost per unit (volume) Standard 40,600 units $ 366 per unit S 3.50 per pound 91.600 pounds 5 10.60 per hour 61.600 hours $ 406.000 $ 3.26 per unit 42,600 units 5 3.69 per unit $ 360 per pound 90 600 pounds 5 10.20 per hour 62.400 hours $ 396.000 $ 3.22 per unit