Required: Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June: Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Actual Costs Spending Variance Flexible Budget Volume Variance Master Budget 425 units 425 units 200 units Direct Material $ 17,500 $(16,500) U + $ 18,000 $ (18,000) U $ 16,000 Direct Labor 28,200 (22,800) ( U 27,000 (27,000) ( U 24,000 Variable Overhead 10,250 (11,000) U 11,250 (11,250) U 10,000 Fixed Overhead Total Manufacturing Costs $ 13,500 69,450 (12,000) $(62,300) U U 13,500 (13,500) U 12,000 $ 69,750 $ 69,750 U $ 62,000