Western Manufacturing produces a single product. The original budget for April was based on expected production of 11,000 units; actual production for April was 12,100 units. The original budget and actual costs incurred for the manufacturing department follow Original Budget Actual Costs Direct materials $ 166,100 $189,300 Direct labor 136,480 155,300 Variable overhead 68,750 72,600 Fixed overhead 69,00 71,00 Total $440, 250 $488,200 Required: Prepare an appropriate performance report for the manufacturing department. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Item Variance Direct materials Direct labor Variable overhead Fixed overhead Total Original Budget Flexed Budget (11,000 units) Actual Cost (12,100 units) $ 166,100 $ 189,300 136,400 155,300 68.750 72.600 69,000 71,000 $ 440,250 $ 0 $ 488,200 CE Which of the following is true about an unfavorable variance appearing in a performance report? Multiple Choice Actual revenue exceeded budgeted revenue Budgeted expense exceeded actual expense, Budgeted variable costs exceeded actual variable costs Budgeted revenue exceeded actual revenue