WWW 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 first step in overhead planning and control After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March: cost. Total Dilities 316.500 + 30.17 phie-bour Montesano 336.700 11. Po-hour Supplies 30.0 per nachine-bour Indirect labore 694,100+ $1.20 per machine-hout Depreciates 168,000 setan COKE In March 22,630 $ 23,900 13,600 $123.500 $ 69,700 During March the company worked 21,000 machine hours and produced 15,000 units. The company had originally planned to work 23.000 machine hours during March Required: 1 Calculate the activity variances for March 2. Calculate the spending variances for March TED Complete this question by entering your answers in the tabs below. Required 1 Reovered 2 . Calculate the activity variances for March (Indicate the effect of each variance by selecting "F" for favorable, "U" for 3 During March, the company worked 21,000 machine-hours and produced 15,000 units. The company had originally planned to work 23,000 machine-hours during March Required: 1. Calculate the activity variances for March 2. Calculate the spending variances for March 10 DO cool Complete this question by entering your answers in the tabs below. HE Required: Required 2 Calculate the activity variances for March. (Indicate the effect of each variance by selecting "F* for favorable, TU" for unfavorable, and "None" for no effect (e. ero variance). Input all amounts as positive values.) FAB Corporation Activity Variantes For the Month Ended March 31 Ulties Maintenance Supplies Indirect labor Depreciation Total Recured Chapter 09 HW Help Save & Exit Submit Check my work 3 During March the company worked 21000 machine-hours and produced 15.000 units. The company had originally planned to work 23.000 machine hours during March Required: 1 Calculate the activity variances for March 2. Calculate the spending variances for March 50 Complete this question by entering your answers in the tabs below. Required Required Calculate the sounding variances for March (Indicate the effect of each variance by selecting for favorable. "U" for unfavorable, and one for no effect Centro variance Input all amounts as positive values.) TAB Corporation Spenning variances For the Morth Ende March US Martenance Supplies Ander Doctor Tuna (Required