Required

Compute varlances for the following Items and Indicate whether each varlance is favorable $($F$)$ or unfavorable $($U$)$: Note: Select "None" If there is no effect $($l$.$e$.,$ zero varlance$).$

$\backslash$table$[[$Item$,$Budget,Actual,Variance,Effect$],[$Sales price,$$,400,$$$,390],[$Sales revenue,$$,360,000,$$$,390,000,,],[$Cost of goods sold,$$,192,500,$$$,180,000,,],[$Material purchases at $5,000$ pounds,$$,137,500,$$$,140,000,,],[$Materials usage,$$,90,000,$$$,89,000,,],[$Production volume,$950,$units,$900,$units,units,$],[$Wages at $4,000$ hours,$$,30,000,$$$,29,350,,],[$Labor usage at $$12$ per hour,$$,48,000,$$$,48,500,,],[$Research and development expense,$$,11,000,$$$,12,500,,],[$Selling and administrative expenses,$$,24,500,$$$,20,000,,$grad