Maple Leaf Production manufactures truck tires. The following information is available for the last operating period.

• Maple Leaf produced and sold 95,000 tires for $45 each. Budgeted production was 99,000 tires.
• Standard variable costs per tire follow.

Direct materials: 4 pounds at $2.00	$	8.00
Direct labor: 0.40 hours at $18.50		7.40
Variable production overhead: 0.25 machine-hours at $14 per hour		3.50
Total variable costs	$	18.90

• Fixed production overhead costs:

Monthly budget $1,400,000

• Fixed overhead is applied at the rate of $15.00 per tire.
• Actual production costs:

Direct materials purchased and used: 384,000 pounds at $1.70	$	652,800
Direct labor: 36,500 hours at $18.80		686,200
Variable overhead: 25,000 machine-hours at $14.50 per hour		362,500
Fixed overhead		1,401,000

Required: a. Prepare a cost variance analysis for each variable cost for Maple Leaf Productions. b. Prepare a fixed overhead cost variance analysis.

Required A Required B Required C Prepare a cost variance analysis for each variable cost for Maple Leaf Productions. (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Direct Materials Direct Labor Variable Overhead Actual costs Actual inputs at standard price Flexible budget Price variance Efficiency variance Cost variance Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare a fixed overhead cost variance analysis. (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Total fixed overhead cost variance Required A Required c >