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 $14.90 per ounce 4 ounces at $17.10 per ounce Direct labor 5 hours at $60.10 per hour 6 hours at $77.00 per hour Variable overhead (per direct labor-hour) $48.00 $53.10 Fixed overhead (per month) $365,864 $399,360 Expected activity (direct labor-hours) 6,640 7,800 Actual results Direct material (purchased and used) 4,800 ounces at $14.10 per ounce 4,600 ounces at $18.75 per ounce Direct labor 5,070 hours at $60.50 per hour 7,470 hours at $81.60 per hour Variable overhead $267,550 $395,510 Fixed overhead $333,950 $405,500 Units produced (actual) 1,060 units 1,210 units ________________________________________ Required: (a) Compute a variance analysis for each variable cost for each product. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Do not round intermediate calculations.) (b) Compute a fixed overhead variance analysis for each product. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Do not round intermediate calculations.)