The Valley Plant of Patton Supply manufactures a single product. The standard cost sheet for the product follows:

Standards have been computed based on a master budget actlvity level of $21,000$ direct labor$-$hours per month. Actual

activity for the past month was as follows:

Required:

a$.$ Prepare varlance analyses for the varlable and fixed costs.

b$.$ Complete the following table with the total varlance for a resource.

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

Required A

Prepare variance analyses for the variable and fixed costs.

Note: Indicate the effect of each variance by selecting $"F"$ for favorable, or $"$U$"$ for unfavorable. If there is no effect, do not

select either option.