Robinwood fixtures manufoctures two products, K4 and X7. The company prepares its master budget on the basis of standard costs. The foliowing data are for September: Required: a. Prepare a variance analysis for each variable cost for each product. b. Prepare a fixed overhead variance analysis for eoch product. Note: For all requirements, Do not round intermediate calculations, Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorabie. If there is no effect, do not select either option. Robinwood Fixtures manufactures two products, K4 and X7. The company prepa The following data are for September: Required: a. Prepare a variance analysis for each variable cost for each product. b. Prepare a fixed overhead variance analysis for each product. Note: For all requirements, Do not round intermediate calculations. Indicate favorable, or "U" for unfavorable. If there is no effect, do not select either opti e company prepares its master budget on the basis of standard costs. oduct. tions. Indicate the effect of each variance by selecting "F" for select either option. Required: a. Prepare a variance analysis for each variable cost for each product. b. Prepare a fixed overhead varlance analysis for each product. Note: For all requirements, Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfayorable. If there is no effect, do not select either option. sble cost for each product. sis for each product. ntermediate calculations. Indicate the effect of each variance by selecting "F" for s no effect, do not select either option