X Company has the following cost drivers: Direct labor $15.809. actual-$134,730 Indirect labor $8,200+1.604. .actual=$19,860 Utilities $6,400+.80q. .actual=$14,570 Supplies $1,100+.409.. actual-$4.980 Equipment Depreciation $23,000+3.704. .actual=54,080 Factory Rent $8,400.. actual=$8,700 Property Taxes $2,100.. actual-$2,100 Factory Administration $11,700+1.900 actual=$26,470 Part A: Assume the Company's budgeted activity level was 7,600 units ("q") and they expect to sell units at $44 per unit. Their actual activity level was 8,150 units and they ended up selling these units for $38 per unit. Please complete the following flexible budget and identify all Activity and Revenue/Spending Variances. Also, indicate which variance is favorable (F) and unfavorable (U). Planning Budget Activity Variance Flexible Budget Rev/Spending Variance Actual Results Total Variance Sales DL IDL Util Supplies Equip. Depr. Fact. Rent Prop Txs Fact Adm Net Income Part B: Assume the Company's budgeted activity level was 9,100 units ("q") and they expect to sell units at $36 per unit. Their actual activity level was 8,715 units and they ended up selling these units for $43 per unit. Please complete the following flexible budget and identify all Activity and Revenue/Spending Variances. Also, indicate which variance is favorable (F) and unfavorable (U). Planning Budget Activity Variance Flexible Budget Rev/Spending Variance Actual Results Total Variance Sales DL IDL Util Supplies Equip. Depr. Fact. Rent Prop Txs Fact Adm Net Income