step in overhead planning and control.

After much effort and analysis, you estimated the following cost formulas and gathered the following actual cost data for March:

During March, the company worked $15,000$ machine$-$hours and produced $9,000$ units. The company originally planned to work $17,000$

machine$-$hours during March.

Required:

Calculate the activity variances for March.

Calculate the spending variances for March.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Calculate the spending variances for March.

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$

zero variance$).$ Input all amounts as positive values.