Required Indicate whether each of the following variances is favorable (F) or unfavorable (U) The first one has been done as an example (Select "None" if there is no effect (ie, zero variance).) Type of Variance F Item to Classity Sales volume Sales price Materials cost Materials usage Labor cost Labor usage Fixed cost spending Fixed cost per unit (volume) Standard 42,700 units $ 3.70 per unit $ 370 per pound 90.700 pounds $ 10.30 per hour 62.500 hours $ 495 320 $ 11.60 per unit Actual 44.600 units $ 3.67 per unit 5 360 per pound 91 700 pounds 5 10.70 per hour 61,700 hours $ 459,380 5 10.30 per unit