tor 9 Homework 2 Problem 9-18 (Algo) Activity and Spending Variances [LO9-1, LO9-2, LO9-3] You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and "do what you can to help us get better control of our manufacturing overhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent fest step in overhead planning and control After much effort and analysis, you determined the following cost formulas and gathered the following actual cost dato for March Utilities Maintenance Supplies Indirect labor Depreciation Cost Formula 516,180 + $0.18 per sachine-hour $38,900 + 51. pur machine-hour 50:50 per sachinebour $94,700 + 51.30 per machine hour $68,500 Actual Costi March 5.22,400 $ 72,700 $ 14,600 5128,100 578,200 During March, the company worked 23,000 machine-hours and produced 17,000 units. The company had originally planned to work 25,000 machine-hours during March Required: 1. Calculate the activity variances for March 2. Calculate the spending variances for March Complete this question toy entering your answers in the tabs below. Required 1 Required 2 Patriate the starian for Marathi 17834-broken-ceiling Doorstrah tile scratch toor floor tile crackfit to search o Supplies Indirect labor Depreciation $0.50 per sachine-hour $94.700+ $1.30 per machine-hour $68,500 $ 14,3 5128.100 $ 70,200 12 point During March, the company worked 23.000 machine-hours and produced 17,000 units. The company had originally planned to work 25.000 machine-hours during March Required: 1. Calculate the activity variances for March 2. Calculate the spending variances for March Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the activity variances for March. Indicate the effect of each variancully selecting for favorable, for unfavorable, and "None" for no effect enero variance). Input all amounts as positive values:) FAB Corporation Activity Valances For the oth Endodh Utilities Maintenance Supplies Indirect labor Depreciation Total (Me Graw Hill 17334-broken ceiling tile scratch cracked floor tilet Door scratch Hoor tile crack Open II R Type here to search 2 During March, the company worked 23.000 machine-hours and produced 17,000 units. The company had originally planned to work 25,000 machine-hours during March Required: 1. Calculate the activity variances for March 2. Calculate the spending variances for March 12 DO Complete this question by entering your answers in the tabs below. Prints Beforences Required Required 2 Calculate the spending variances for March (Indicate the effect of each varianty secting for favorable "U" for unfavorable, and one for no effect le sere variance). Input all amounts at positive values FAB Corpo Spending on Us Maintenance Supplies Indirect labor Depreciation Total (Required 1 Me Graw 17334-broken.com floor tile crack ccked-floor tile. R 21 Type here to search