You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door opening device. The president asked you to review the company"s costing system and $"$do what you can to help us get better control of our manufacturing overhead costs." You find the company has never used a flexible budget, and you suggest preparing such a budget would be an excellent first step in overhead planning and control.

After much effort and analysis, you estimated the following cost formulas and gathered the following actual cost data for March:

$\backslash$table$[[,$Cost Formula,Actual cost$],[$in March,,$]]$

During March, the company worked $26,000$ machine$-$hours and produced $15,000$ units. The company originally planned to work $30,000$ machine$-$hours during March.

Required:

Calculate the activity variance's for March.

Calculate the spending variances for March.

Answer is complete but not entirely correct.

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

Required $2$

Calculate the spending variances for March.

Note: Indicate the effect of each variance by selecting $"F"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.

$\backslash$table$[[$FAB Corporation$],[$Spending Variances$],[$For the Month Ended March $31],[$Unilites$,s,2\mathrm{.}200x,$u$,0],[$Maintenance$,,3,000ox,$F$,0],[$Supplies$,,800,F,x$