Site Home Chaptery Homework er 9 Homework Saved Help Save & Exit Check After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March: Utilities Maintenance Supplies Indirect labor Depreciation Cost Formula $16,700 plus $8.15 per machine-hour $38,900 plus $1.50 per machine-hour $0.99 per machine-hour $94,900 plus $1.78 per machine-hour $68.000 Actual Cost in March $ 21,950 $ 67,200 $ 20,500 $134,900 $69.700 During March, the company worked 21,000 machine-hours and produced 15,000 units. The company had originally planned to work 23,000 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 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 (.e., zero variance). Input all amounts as positive values.) FAB Corporation Activity Variances Prev amework Saved Help Complete this question by entering your answers in the tabs below. 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 (.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 >