Save & Homework 8 Problem 9-18 (Algo) Activity and Spending Variances (L09-1, LO9-2, L09-3) 9 07 You have just been hired by FAB Corporation, the manufacturer of a revolutionary new age door opening device. The president has asked that you review the company's costing system and do what you can to help us get better control of our mancuring overhead costs." You find that the company has never used a flexible budget, and you that preparing such a budget would be an excellent first step in overhead planning and control Aner much effort and malysis, you determined the following cost formules and gathered the following actin cont date for March Cost formats Actual Core In March ties 516,000 + 10.20 per machine hour 523,500 Maintenance 538.500 - $1.70 per machine hour $7.100 Supplies se. Per machine-hour Indirect labor 194,400 51.1 perce 13.00 Depreciation 6.000 50.700 During March, the company worked 22.000 machine hours and produced 16.000 units. The company had originally planned to work 24.000 machine hours during March Required: 1 Calculate the activity variances for March 2. Calculate the spending variances for March Complete this question by entering your answers in the tabs below. Required Roured2 Calculate the activity variance for March (Indicate the effect of each variance by selecting for tevore for unfavorable and for no effect once Input amount as potevu) TAD Corso Asi Vice For the Month March Bry 91 Next > Homework #8 Sawd ve OLurry YOUTUI MOL 2. Calculate the spending variances for March 9 Complete this question by entering your answers in the tabs below. 0.7 points eBook o Required 1 Required 2 Calculate the activity variances for March. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values.) FAB Corporation Activity Variances For the Month Ended March 31 Utilities Maintenance Supplies Indirect labor Depreciation Total Required 2 > References Homework #8 Saved CALLIGE OCUVY Valea II WORCI 2. Calculate the spending variances for March 9 Complete this question by entering your answers in the tabs below. Required 1 Required 2 07 points Calculate the spending variances for March. (Indicate the effect of each variance by selecting "for favorable, "U" for unfavorable, and "None" for no effect (.e. zero variance). Input all amounts as positive values.) eBook References FAB Corporation Spending Variances For the Month Ended March 31 Utilities Maintenance Supplies Indirect labor Depreciation Total