Required Compute variances for the following items and indicate whether there is no effect (i.e., zero variance).) variance is favorable (F) or unfavorable (U): (Select "None" if Variance Effect Actual 526 000 000 Budget $ 652 $ 581,000 $ 386,500 $ 276,000 / / Item Sales price Sales revenue Cost of goods sold Material purchases at 5,000 pounds Materials usage s Production volume Wages at 4,000 hours Labor usage at $16 per hour Research and development expense Selling and administrative expenses TTT $ 60,200 LI $ $ 23,000 50,500 58,800 97,200 26,500 41,000