please do required parts one and two thanks

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: Utilities Maintenance Supplies Indirect labor Depreciation Cost Formula $16,50e plus $8.15 per machine-hour $38,200 plus $2.00 per machine-hour $0.80 per machine-hour 594,400 plus $1.40 per machine-hour $67,800 Actual Cost in March $ 21,450 $ 24,000 $ 16,600 $ 124,700 $69.5ee During March, the company worked 19.000 machine-hours and produced 13,000 units. The company had originally planned to work 21,000 machine-hours during March Required: 1. Calculate the activity vartonces for March 2. Calculate the spending variances for March Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the activity variances for March. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.. zero variance). Input all amounts as positive values.) FAB Corporation Activity Variances For the Month Ended March 31 Utilities Maintenance Supples indirect labor Depreciation Total Required 2 > 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 Actual Cost in Cost Formula $16,500 plus 50.15 per machine-hour Maintenance $38,200 plus $2.ee per machine hour Supplies 50.80 per machine hour Indirect labor 594,400 plus 51.40 per machine-hour Depreciation 567,800 Book utilities AK March $ 21,450 $ 74,000 $ 16,600 $124,700 $ 69,50 Print References During March, the company worked 19.000 machine-hours and produced 13.000 units. The company had originally planned to work 21,000 machine-hours during March Required: 1. Calculate the activity variances for March 2 Calculate the spending variances for March Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the spending variances for March. (Indicate the effect of each variance by selecting for favorable "u" for unfavorable, and "None" for no effect (ie, zero variance). Input all amounts as positive values.) FAB Corporation Spending Variances For the Month Ended March 31 Utilities Maintenance Supplies Indirect labor Depreciation Total