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  3. fortes incorporated has provided the following dat

Fortes Incorporated has provided the following data concerning one of the products in its standard...

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Accounting

Fortes Incorporated has provided the following data concerning one of the products in its standard cost system. Variable
manufacturing overhead is applied to products on the basis of direct labor-hours.
The company has reported the following actual results for the product for April:
Actual output
Raw materials purchased
Actual cost of raw materials purchased
Raw materials used in production
Actual direct labor-hours
Actual direct labor cost
Actual variable overhead cost
6,500 units
58,470 ounces
$323,250
57,860 ounces
3,550 hours
$112,570
$18,317
Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e.,
variance). Input all amounts as positive values.
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