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Maple Leaf Production manufactures truck tires The following information is available for the last operating period Maple Leaf produced and sold 92,000 tires for $40

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Maple Leaf Production manufactures truck tires The following information is available for the last operating period Maple Leaf produced and sold 92,000 tires for $40 each Budgeted production was 100,000 tires Standard variable costs per tire follow: Fixed production overhead cost: Monthly budget $1, 350,000 Fixed overhead is applied at the rate of $15 per tire Actual production costs 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.) 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.)

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