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Required Compute variances for the following items and indicate whether each variance is favorable (F) or unfavorable (U): Note: Select None if there is no
Required Compute variances for the following items and indicate whether each variance is favorable (F) or unfavorable (U): Note: Select "None" if there is no effect (i.e., zero variance). Item Sales price Sales revenue Cost of goods sold Material purchases at 5,000 pounds Materials usage Production volume Wages at 4,000 hours Labor usage at $12 per hour Research and development expense Selling and administrative expenses $ $ $ $ $ $ SA LA $ $ Budget 490 $ 360,000 $ 192,500 $ 137,500 $ 90,000 $ 950 units 30,000 $ 48,000 $ 11,000 $ 24,500 $ Actual 390 390,000 180,000 140,000 89,000 900 units 29,350 48,500 12,500 20,000 Variance units Effect
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