Required Indicate whether each of the following variances is favorable (F) or unfavorable (U). The first one has been done as an example. Note: Select "None" if there is no effect (i.e., zero variance). Item to Classify Sales volume Standard 42,500 units Actual Type of Variance 40,500 units U Sales price $ 3.68 per unit $ 3.65 per unit Materials cost $ 3.50 per pound $ 3.40 per pound Materials usage 90,500 pounds 91,500 pounds Labor cost $ 10.10 per hour $ 10.50 per hour Labor usage 62,300 hours 61,500 hours Fixed cost spending $ 395,000 $ 405,000 Fixed cost per unit (volume) $ 3.21 per unit $ 3.25 per unit