Sweetwater Company manufactures two products, Mountain Mist and Valley Stream. The company prepares its master budget on the basis of standard costs. The following data are for March Standards Mountain Mist Valley Stream Direct materials 3 ounces at $14.80 per ounce 4 ounces at $16.70 per ounce Direct labor 5 hours at $60.20 per hour 6 hours at $77 per hour Variable overhead (per direct labor-hour) $48 $52.70 Fixed overhead (per month) $357,260 $399,360 Expected activity (direct labor-hours) 6,680 7,880 Actual results Direct material (purchased and used) 4,488 ounces at $13.79 per ounce 4,688 ounces at $17.75 per ounce Direct labor 5,030 hours at $61.50 per hour 7,429 hours at $78.5e per hour Variable overhead $255,55e $391,510 Fixed overhead $329,950 $401,500 Units produced (actual) 1, 220 units 1,220 units Required: a. Prepare a variance analysis for each variable cost for each product. b. Prepare a fixed overhead variance analysis for each product. (For all requirements. Do not round Intermediate calculations. Indicate the effect of each verlence by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select elther option.) Mountain Mist Price Variance Efficiency Variance Valley Stream Price Variance Efficiency Variance Direct materials Direct labor Variable overhead U U Price Variance Production Volume Variance Price Variance Production Volume Variance Fixed overhead