You have just been hired by Luders Corporation, the manulacturer of a revolutionary new has asked that you review the company's costing system and "do what you can to help un overhead costs." You find that the compary bas never used a fexible budget, and you suy an exceilent first step in overthead planning and controt. After much effort and analysis, you determined the following cost formulas and gathered During March, the company worked 22.000 machine-hours and produced 16,000 units. 7 24,000 machine-hours during March. Requlred: 1. Caiculate the activity variances for March. 2. Calculate the spending variances for March. Complete this question by entering your answers in the tabs below. Calculate the activity variances for March. (Indicate the effect of each variance by selecting urffavorable, and "None' for no effect (i.e., zero variance). Input alf amounts as positive v During March, the compary worked 22,000 machine-hours and produced 24,000 machine hours during March. Required: 1. Calculate the activity varlances for March. 2. Calculate the spending variances for March. Complete this questlon by entering your answers in the tabs below. Calculate the actlitty variances for March. (Indicate the effect of each varian unfavorable, and "None" for ne effect (f.e, zero varlance): Input alf amount 24,000 machine-hours during March. Required; 1. Calculate the activity variances for March. 2. Calculate the spending variances for March. Complete this questlon by entering yoter answers In the tabs be Calculate the spending variances for March. (indicate the effect of each unfaverable, and "None" for no effect (1.e.y, zero varfance), Input all amy