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Please post an explanation and make sure answers are correct After much effort and analysis, you determined the following cost formulas and gathered the following

Please post an explanation and make sure answers are correct

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After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March: During March, the company worked 17,000 machine-hours and produced 11,000 units. The company had originally planned to work 19,000 machine-hours during March. Required: 1. Prepare a flexible budget for March. 2. Prepare a report showing the spending variances for March. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Prepare a flexible budget for March. (Input all amounts as positive values.)

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