The following data have been provided by Lopus Corporation:

Budgeted production 4,000 units

Standard machine-hours per unit 4.1 machine-hours

Standard lubricants $ 5.60 per machine-hour

Standard supplies $ 4.30 per machine-hour

Actual production 4,300 units

Actual machine-hours 9,480 machine-hours

Actual lubricants (total) $ 54,833

Actual supplies (total) $ 40,239

Required:

Compute the variable overhead spending variances for lubricants and for supplies.

(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.)

please the answears

TB Problem Qu. 10-240 (Algo) The following data have been provided by Lopus... The following data have been provided by Lopus Corporation: Budgeted production Standard machine-hours per unit Standard lubricants Standard Supplies Actual production Actual machine-hours Actual Lubricants (total) Actual supplies (total) 4,000 units 4.1 machine-hours $ 5.60 per machine-hour $ 4.30 per machine-hour 02 4,300 units 9,480 machine-hours $54,833 $48,239 Required: Compute the variable overhead spending variances for lubricants and for supplies. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance). Input all amounts as positive values.) Variable Overhead Spending Variance Lubricants Supplies