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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

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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).
\table[[Direct Material,\table[[Actual Costs],[505 units]],\table[[Spending],[Variance]],\table[[Flexible],[Budget],[505 units]],\table[[Volume],[Variance]],\table[[Master Budget],[200 units]]],[$,18,300,,,$,16,800],[Direct Labor,,29,000,,,,,24,800],[Variable Overhead,,11,050,,,,,10,800],[Fixed Overhead,,14,300,,,,,12,400],[Total Manufacturing Costs,$,72,650,,,,$,64,800]]
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