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 (i.e., zero variance).) Item to Classify Sales volume Type of Variance U Sales price Materials cost Materials usage Labor cost Standard Actual 42,700 units 40,700 units $ 3.70 per unit | $ 3.67 per unit $ 3.70 per pound $ 3.60 per pound 90,700 pounds 91,700 pounds $ 10.30 per hour $ 10.70 per hour 62,500 hours L 61,700 hours $ 397,000 $ 407,000 $ 3.23 per unit $ 3.27 per unit Labor usage Fixed cost spending Fixed cost per unit (volume)