The following cost control report shows actual operating costs for March of the current year compared to the planning budget for March. Boyne University Motor Pool Cost Control Report For the Month Ended March 31 March Actual 58,400 25 Planning Budget 50,400 24 (Over) Under Budget Miles Autos Gasoline Oil, minor repairs, parts Outside repairs Insurance Salaries and benefits Vehicle depreciation Total $ 11,053 4,870 1,230 2,020 8,610 5, 100 $ 32,883 $ 10,080 $ (973) 4,536 (334) 1,056 (174) 1,896 (124) 8,610 0 4,896 (204) $ 31,074 $ (1,809) The planning budget was based on the following assumptions: a. $0.20 per mile for gasoline. b. $0.09 per mile for oil, minor repairs, and parts. c. $44 per automobile per month for outside repairs. d. $79 per automobile per month for insurance. e. $8,610 per month for salaries and benefits. f. $204 per automobile per month for depreciation. The supervisor of the motor pool is unhappy with the report, claiming it paints an unfair picture of the motor pool's performance. Required: 1. Calculate the spending variances for March. (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.) Boyne University Motor Pool Spending Variances For the Month Ended March 31 Gasoline F Oil, minor repairs, parts F Outside repairs U Insurance U Salaries and benefits 0 None Vehicle depreciation None Total F